examined an appeal where the Commissioner of Income Tax (Exemption) (CIT(E)) had rejected the registration of a trust under Sections 12A and 80G(5) of the Income Tax Act, 1961. The rejection was based ...

80G, 80GGA, 80GGC and other deductions. "Further, verification has revealed that certain unscrupulous elements have misguided taxpayers for claim of incorrect deduction/refunds," a source said.

Tax Deductions: Here are some expected tax deduction terms you should know ahead of the budget. Union Budget 2025: The Union Budget is a crucial document that gives an insight into the government ...

This is the final tax year for a cap on the federal government's State and Local Tax (SALT) deduction, which reduces your IRS income tax bill based on taxes you've already paid to state and local ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up to receive our free e-Newsbulletins Some states have laws and ethical rules regarding solicitation and ...

The case involves Charotar Seva Trust’s appeal against the Commissioner of Income Tax (Exemption), Ahmedabad, for rejecting their application under Section 80G(5)(iii) of the Income Tax Act, 1961. The ...

Members of the House Freedom Caucus have an idea for lawmakers from California, New Jersey and New York seeking to expand a key tax deduction in negotiations over a sweeping GOP policy bill ...

With tax terminology often causing confusion, it’s essential to clarify three critical tools for tax management: income tax exemptions, deductions, and rebates. Each plays a unique role in how your ...

The Ministry of Electronics and Information Technology on January 3, 2025, released the the draft rules for implementing the Digital Personal Data Protection (DPDP) Act, 2023 — sixteen months ...

Morrisey called this the Equal Protection for Religious Act, and it will let families across the state file for religious exemptions from vaccinations. “We cannot compromise individuals and parents’ ...

(AP) — Republican Gov. Patrick Morrisey issued a slew of aggressive executive orders on his first full day as West Virginia’s chief executive Tuesday, including one enabling families to receive ...