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CBDT issued notification no. 76/2026 dated 06.07.2026 to approve deductions u/s 45(3)(a)(ii) of the Income tax Act, 2025 to the Indian Institute for Human Settlements, Bangaluru for research in Social Science or Statistical Research under the category of University, college or other institution
In a recent development, the Income Tax department has clarified that donations made for the repair, rebuild, or renovation of the Ram Mandir in Ayodhya, under the Shri Ram Janmabhoomi Teerth Kshetra Trust, are eligible for deduction under Section 80G…
The Income Tax Department has issued an Update dated August 12, 2022 saying it may be noted that statement of donation in Form 10BD and certificate of donation in Form 10BE is only applicable to the fund or institutions approved…