ITAT Mumbai rules scholarships to Indian students studying abroad qualify as valid charitable application in India. Denial of 12AB and 80G set aside, clarifying registration stage scope is limited to ...

The Tribunal held that absence of commenced activities is not a valid ground to deny registration where objects are charitable and proposed activities align with ...

Under IT Act, Section 80G is available for contributions made to certain relief funds and charitable institutions. Representational Image: Photo: Pixabay Most of us are familiar with Section 80C under ...

The taxpayers are gearing up to file the Income Tax Return (ITR) for the financial year 2024-25 to fulfil their tax obligations. The Income Tax Department is expected to notify the forms for ...

On March 31, the Centre announced that donations to the PM CARES Fund (Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund) will get tax breaks under Section 80G of the Income ...