Section 12A (1) a/aa/ab provides new registration of trust where a trust or an institution has granted registration...
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TDS means Tax Deducted at Source – “Collection of tax at the source from where an individual's income has...
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A charitable donation is a commonly known fact that an individual or an organization offers to a non-profit institu...
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It is well-known that establishing trust is a method of passing on any wealth or assets that you may own. It will e...
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There is no prevention on a charitable trust carrying on any business, where business is a concern that can be held...
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Tax accounting is an arrangement that focuses on tax appearances on financial statements. It is governed by the Int...
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Capital gains tax of Charitable Institutions is a charge assessed on the difference between the ‘sale price’ of...
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According to the applicability of Income Tax Act regimes, assessee is allowed to accumulate up to 15% of the income...
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The Accounting Standards apply to NGOs, even if some of their activities are not so commercial or of business natur...
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Recently, the Income Tax Appellate Tribunal (ITAT) apprehended that any registration ‘under section 12AA’ of th...
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At the very beginning, legal platforms are of the opinion that, in case of a charitable or religious institution, t...
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On an essential note of taxation, any person earning income must pay taxes, which is generally known as Income ...
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The terms of "society" was initiated to fulfill the requirement of an institution of non-commercial prospect for pr...
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A significant amount of medical consciousness has been expanded and gained a remarkable drive in the past couple of...
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