Income Tax News, Judgments, Act, Analysis, Tax Planning, Advisory, E filing of returns, CA Students

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80G

Generation of surplus is not fatal for granting exemption if such surplus is utilized for charitable purposes 4 min read

Income Tax

Generation of surplus is not fatal for granting exemption if such surplus is utilized for charitable purposes

Sourav 5 years ago

In the case of CIT vs. Gulab Devi Memorial Hospital Trust (P&H High Court), the CIT (Commissioner of Income Tax) overruled the claim made by... Read More

Deductions under Section 80G & 80GG 2 min read

Income Tax

Deductions under Section 80G & 80GG

Sourav 6 years ago

Deductions under Section 80G To encourage the concept of donations or charity towards the needy and the poor section of the society, the government of... Read More