Section 80G

Income Tax Practices: Common Mistakes and Solutions

Income Tax - Explore crucial issues in income tax practices, including Section 44AD, TDS obligations, LTCG exemptions, cash deposits, and tax deductions under Section 80G in India....

Beware of Cash Transaction under Income Tax Act

Income Tax - Discover the legal constraints around cash transactions under India's Income Tax Act. Learn about the various sections that impose limits and penalties on cash dealings....

Avoid Cash Payments: Impact on Deductions and Tax Compliance

Income Tax - Discover why cash payments should be avoided for personal and business transactions. Learn about the deductions affected and the potential consequences of using cash. Stay compliant with tax regulations....

DO anything for NATION i.e. DONATION under Income Tax Act, 1961

Income Tax - The meaning of DONATION is Do anything for Nation. So far Income Tax is concern the meaning of Donation means do anything for us. Recently we have seen that more than 8000 notices were issued by the Income Tax Department to the donors, who have given donations to political parties, which find to be a […]...

Early Bird missed the Flight while complying 80G Registration procedures

Income Tax - Early Bird missed the Flight while complying 80G Registration procedures under New Scheme of Exemption framework of Charitable Institutions. Provisional Registration to Regular Registration Finance Act 2020 has rationalized the provisions relating to charitable trusts or institutions wherein the concept of one-time registration was replac...

CAG report on Income Tax Exemptions to Charitable Trusts & Institutions

Income Tax - CAG noticed ineffective monitoring of accumulation of income and its utilization, ineffective monitoring of receipts and utilization of foreign contribution, inadequacy of survey of educational Trusts, absence of provision for disclosure of TDS in the audit report, etc....

Handbook on Statement of Donations Received

Income Tax - Recently, changes were made in the provisions pertaining to compliance by charitable religious institutions under the Income-tax act, 1961 by making it mandatory the furnishing of Statement of Donations Received in Form No. 10BD and thereafter generation of Certificate of Donations in Form 10BE....

Improper drastic changes in Income tax provisions relating to Trusts/NGOs

Income Tax - CA Shailesh R Ghedia president of BJP Professional Cell, Mumbai has written a letter to Honorable Finance Minister, Smt. Nirmala Sitharaman and brought to her attention improper Drastic changes made in Income tax provisions relating to Charitable and Religious Trusts (Trusts/NGOs. He highlighted provisions relating to putting severe restr...

Deferment for Approval/ Registration of Charitable Trusts & Exempt Institutions

Income Tax - Deferrement of Procedure for Approval/ Registration/Notifications of certain entities U/s 10(23C), 12AA, 35 & 80G of Income Tax Act, 1961 till 01st October,2020 The Finance Act, 2020 has introduced certain new compliance burdens on Charitable Trusts and Exempt Institutions. The Budget 2020 has amended certain provisions of the Inc...

Donation to PM CARES Fund to be fully exempt under section 80G

Income Tax - The finance minister, Nirmala Sitharaman, at a press conference dated 24th March 2020 has announced that taxpayers can complete their tax-saving exercise and statutory compliances for FY 2019-20 till June 30, 2020. The earlier deadline was March 31, 2020. It’s a big relief to the Taxpayers given by the government. But still, it has a [&...

Section 80G: ITAT’s Clarification on Timely Registration for Charitable Trusts

Bhamashah Sundarlal Daga Charitable Trust Vs CIT Exemption (ITAT Jodhpur) - Bhamashah Sundarlal Daga Charitable Trust Vs CIT-Exemption (ITAT Jodhpur) The Income Tax Appellate Tribunal (ITAT) Jodhpur recently heard an appeal filed by Bhamashah Sundarlal Daga Charitable Trust against the order of the Commissioner of Income Tax (Exemption), Jaipur. The crux of the appeal was t...

Notices on wrong email address constitutes Lack of Effective Notice & Opportunity

Seth Bechardas Manchand Jain Shwet Amber Trust Vs CIT (ITAT Pune) - Explore the ITAT Pune order on Seth Bechardas Jain Trust 80G(5) challenge. Detailed analysis of rejection, lack of notice, and violation of natural justice....

ITAT Directs Re-examination of ‘Agnihotra’ Rituals for 12AA Registration

Swamidham Jyotirling Sanstha Vs CIT (ITAT Pune) - ITAT Pune instructs re-evaluation of the 'Agnihotra' rituals conducted by the assessee trust for registration under Section 12AA of the Income Tax Act....

Non-receipt of notice- ITAT Directs De-novo Consideration of Registration u/s 12AB

Adimata Shakti Praishthan Vs CIT (ITAT Pune) - ITAT Pune rules that registration u/s 12AB of the Income Tax Act cannot be denied due to non-receipt of notice, directing de-novo consideration of the application....

Section 12AA Registration, Discrepancies in Trust Documents: ITAT Directs Re-adjudication

Sangli Kutch Jain Seva Samaj Vs CIT (ITAT Pune) - Explore ITAT Pune's order in Sangli Kutch Jain Seva Samaj vs. CIT. Trust registration u/s 12AA rejected; discrepancies found. ITAT directs re-adjudication....

CBDT amends rules pertaining to registration, approval & activities of Institutions, trusts & funds

Notification No. 45/2023-Income-Tax [G.S.R. 457(E)] - (23/06/2023) - The amendments brought about by Notification No. 45/2023 – Income-Tax (Income-tax (Eleventh Amendment) Rules, 2023) encompass multiple provisions and rules within the Income-tax Act, 1961. The notification details changes to rule 2C, rule 11AA and rule 17A of Income-tax Rules, 1962, under diff...

CBDT amends Income-tax Rules for Provisional Approval under Section 80G

Notification No. 34/2023-Income Tax [G.S.R. 399(E)] - (30/05/2023) - CBDT issued Notification No. 34/2023-Income Tax, dated May 30, 2023 & introduces amendments to rule 11AA of Income-tax Rules, 1962. New sub-rule (7) to  rule 11AA states that for applications made under clause (iv) of the first proviso to sub-section (5) of section 80G of the Income-tax Act, 19...

CBDT extends last date for filing of Form No.10AB

Circular No. 8/2022-Income Tax - (31/03/2022) - CBDT extends the last date for filing of Form No.10AB for seeking registration or approval under Section 10(23C), 12A or 80G of the IT Act,1961. The application for registration or approval in Form No. 10AB can be filed upto 30th September, 2022. *** CBDT extends last date for filing of Form No.10AB...

CBDT notifies ‘Maa Umiya Temple’ under Section 80G(2)(b)

Notification No. 36/2021-Income Tax/S.O.1698(E) - (23/04/2021) - CBDT vide Notification No. 36/2021-Income Tax Dated:  23rd April, 2021 notifies ‘Maa Umiya Temple managed by Vishv Umiya Foundation at Jaspur, Ahmedabad’ to be place of artistic importance and a place of public worship of renown throughout the state of Gujarat State for the purposes of ...

New Procedure for registration, approval U/s.10(23C), 12AA, 35 & 80G deferred

Release ID: 1622387 - (09/05/2020) - CBDT has decided that the implementation of new procedure for approval/ registration/notification of certain entities shall be deferred to 1st October, 2020. Accordingly, the entities approved/ registered/ notified under section 10(23C), 12AA, 35 and 80G of the Income-tax Act, 1961 (the Act) would b...

Recent Posts in "Section 80G"

Section 80G: ITAT’s Clarification on Timely Registration for Charitable Trusts

Bhamashah Sundarlal Daga Charitable Trust Vs CIT Exemption (ITAT Jodhpur)

Bhamashah Sundarlal Daga Charitable Trust Vs CIT-Exemption (ITAT Jodhpur) The Income Tax Appellate Tribunal (ITAT) Jodhpur recently heard an appeal filed by Bhamashah Sundarlal Daga Charitable Trust against the order of the Commissioner of Income Tax (Exemption), Jaipur. The crux of the appeal was the rejection of the trust’s applic...

Notices on wrong email address constitutes Lack of Effective Notice & Opportunity

Seth Bechardas Manchand Jain Shwet Amber Trust Vs CIT (ITAT Pune)

Explore the ITAT Pune order on Seth Bechardas Jain Trust 80G(5) challenge. Detailed analysis of rejection, lack of notice, and violation of natural justice....

ITAT Directs Re-examination of ‘Agnihotra’ Rituals for 12AA Registration

Swamidham Jyotirling Sanstha Vs CIT (ITAT Pune)

ITAT Pune instructs re-evaluation of the 'Agnihotra' rituals conducted by the assessee trust for registration under Section 12AA of the Income Tax Act....

Non-receipt of notice- ITAT Directs De-novo Consideration of Registration u/s 12AB

Adimata Shakti Praishthan Vs CIT (ITAT Pune)

ITAT Pune rules that registration u/s 12AB of the Income Tax Act cannot be denied due to non-receipt of notice, directing de-novo consideration of the application....

Section 12AA Registration, Discrepancies in Trust Documents: ITAT Directs Re-adjudication

Sangli Kutch Jain Seva Samaj Vs CIT (ITAT Pune)

Explore ITAT Pune's order in Sangli Kutch Jain Seva Samaj vs. CIT. Trust registration u/s 12AA rejected; discrepancies found. ITAT directs re-adjudication....

Section 80G Registration doesn’t Preclude Trust from availing Section 115BBC(2)(b) benefit

DCIT Vs Shree Sai Baba Sansthan Trust (ITAT Mumbai)

ITAT Mumbai held that merely because an assessee is registered u/s 80G of the Act will not automatically mean that such Trust cannot have any religious purpose and therefore cannot avail benefit of Section 115BBC(2)(b) of the Income Tax Act....

ITAT Remits Trust’s 12A Registration Matter to CIT(E) for Reevaluation

Kai Vaijanath Channappa Darde Vaidyakiya Research Centre Vs CIT (ITAT Pune)

Read about Kai Vaijanath Channappa Darde Vaidyakiya Research Centre's appeal against the rejection of its registration u/s 12A(1)(ac) by CIT(E). ITAT Pune remits the matter for de-novo consideration....

Lack of Documentary Evidence for 12AA Registration: ITAT Remands Matter to CIT(E)

Digambar Jain Saitwal Seva Mandal Vs CIT (ITAT Pune)

ITAT Pune's decision to remand the matter back to CIT(E) regarding trust registration under section 12AA of the Income Tax Act, emphasizing principles of natural justice....

Section 282 Mandate Violated: Notice not Emailed, Only Uploaded on IT E-filing Portal

Sohum Charitable Trust Vs CIT (ITAT Delhi)

ITAT Delhi restores a matter to CIT(E) for re-adjudication after rejecting a charitable trust's 80G exemption due to their failure to respond to issued notices. Analysis of the case....

ITAT Grants Opportunity for Trust Registration under Section 12AB

Shree Jain Vidya Prasarak Mandal Vs CIT (ITAT Pune)

ITAT Pune provides another chance for evidence submission in relation to trust registration under Section 12AB of the Income Tax Act. Details and analysis....

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