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Tag: 80G of Income tax act

Income Tax Notification

Notification no. 111/2024 dated 15.10.2024- Income tax

byAdmin16/10/202416/10/2024

Central Board of Direct Taxes (CBDT) issued Notification No. 110/2024 dated 15.10.2024 to make further amendment in the rules and these rules may be called the Income-tax Amendment (Seventh Amendment) Rules, 2024.

Income Tax in Media

Tax tribunals in Delhi and Mumbai allow deductions for CSR donation

byAdmin12/06/202412/06/2024

Income Tax Appellate Tribunal (ITAT) benches in Delhi and Mumbai recently ruled in favour of allowing tax deductions under Section 80G of the Income Tax Act for corporate donations made as part of companies’ corporate social responsibility (CSR) expenses.

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