The Delhi Bench of the Income Tax Appellate Tribunal (ITAT), in the case of Schenker India Private Limited, has ruled that companies are eligible to claim deductions under Section 80G of the Income ...

This appeal is filed by the assessee against the order of the Learned Commissioner of Income-tax (Exemptions),Mumbai [hereinafter referred to as “CIT (E)”] rejecting approval u/s 80G of the Income-tax ...

Comes to an end Today is March 31, and so is the last date for many income tax-related tasks. From filing an updated income ...

If you have chosen the old tax regime, ensure that your tax-saving investments under Sections 80C, 80D, 80G, and others are ...

As FY 2024-25 ends, ITR season 2025 starts in April. Suresh Surana advises finalizing tax-saving investments, submitting ...

Section 80G of the Income-tax Act allows taxpayers to claim deductions for donations to specified institutions under the Old ...

Individuals can avail revised tax slabs in the new income tax regime from financial year 2025-26. Here is a thorough ...

By donating to eligible institutions and organisations, taxpayers can claim deductions ranging from 50% to 100% of the amount ...

A tax deduction or advantage does not apply to any in-kind contributions, such as clothing, food, or medications. A tax ...

As the financial year 2024-25 draws to a close, taxpayers must gear up for the upcoming income tax return (ITR) filing season ...

Section 80G of the Income Tax Act allows individuals, companies and firms to claim tax deductions on donations made to ...

As FY25 is coming to an end, taxpayers need to finalise investments if opting for old tax regime, adjust TDS, pay advance tax ...