Under the Maharashtra Public Trusts Act, 1950 (MPTA), formation of a public trust in Maharashtra requires structured documentation and statutory […]

I. REGULATORY OVERVIEW AND LEGAL FRAMEWORK Section 115BBC of the Income Tax Act, 1961, represents a specialized tax regime aimed

While applying for registration under Section 12AB of the Income-tax Act, trusts and charitable institutions are required to file Form

What is  the meaning of charitable purpose?​​​​Section 2(15) of the Income-tax Act provides an inclusive definition of ‘charitable purpose’. It includes

For charitable and religious trusts in India, maintaining tax-exempt status requires strict adherence to how funds are handled. Under the

Gold has traditionally been regarded as a safe-haven asset and a hedge against inflation. While earlier investment in gold largely

The Maharashtra government’s plan to bring medical and educational institutions under the Employees’ State Insurance (ESI) scheme has been put

This article explains a recent legal victory for a taxpayer, Abhishek Jayketu Joshi, in a dispute with the Income Tax

A recent ruling by the Income Tax Appellate Tribunal (ITAT), Ahmedabad, in the case of Dharamdas Charitable Trust vs. CIT(Exemption)

🔹 New Income-tax Law • New simplified Income-tax Act applicable from 1-Apr-2026 Post by CA Ankush GuptaLead to Serve ☺️

The ICAI UDIN Mobile App is an essential tool for Chartered Accountants (CAs) to generate, manage, and verify Unique Document