Tax Guru1d
ITAT Allows Section 80G Deduction for CSR Donations to PM Relief Fund
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that Corporate Social Responsibility (CSR) donations made to the Prime Minister’s National Relief Fund (PMNRF) qualify for ...
Tax Guru1d
ITAT Restores Sports Trust’s Section 12AB, 80G Registration Rejection
Mumbai has set aside the rejection of Sports Unlimited Foundation’s applications for 12AB and 80G registration, directing the Commissioner of Income Tax (Exemption) [CIT(E)] to conduct a fresh ...
ITR filing: Tax saving options investors can choose in the new tax regime?
Deductions under 80C, 80D, 80DD and 80G are not allowed in the new tax regime, taxpayers can still claim a few deductions ...
Income Tax: You can continue to avail THESE deductions in the new tax regime
This income tax deduction is offered for the contributions made by the employer towards National Pension System (NPS).