ITAT Delhi Ruling: Lack of Dissolution Clause Not a Valid Ground to Deny Section 12AA Registration
In the case of Roop V.K. Jain Foundation vs. The CIT (Exemption), Chandigarh, the Income Tax Appellate Tribunal (ITAT) Delhi […]
In the case of Roop V.K. Jain Foundation vs. The CIT (Exemption), Chandigarh, the Income Tax Appellate Tribunal (ITAT) Delhi […]
The Ministry of Corporate Affairs (MCA) has introduced the Companies Compliance Facilitation Scheme, 2026 (CCFS-2026) to promote the “ease of
MCA Amnesty 2026 (CCFS-2026) Read Post »
The Haryana government recently dealt with a major financial issue involving a suspected ₹590 crore fraud at the Chandigarh branch
Haryana Government Recovers ₹556 Crore After Bank Fraud Read Post »
India’s hospitality industry is facing an unprecedented level of regulatory scrutiny as the Income Tax Department leverages advanced technology to
Restaurant’s Rs 70,000 Crore Story Read Post »
Introduction Under the Maharashtra Public Trusts Act, 1950, a public trust is permitted to borrow money; however, the law imposes
Loan taken by Charitable Trust? Read Post »
1. Introduction The Maharashtra Public Trusts Act, 1950 (formerly the Bombay Public Trusts Act) serves as the primary legal framework
Public Trust through a Will Read Post »
You might have heard the old saying “Do not put all eggs in the same basket!”. In terms of investing,
BOND! FINANCIAL BOND! Read Post »
Under the Maharashtra Public Trusts Act, 1950 (MPTA), formation of a public trust in Maharashtra requires structured documentation and statutory
Registration of Public Trusts Read Post »
I. REGULATORY OVERVIEW AND LEGAL FRAMEWORK Section 115BBC of the Income Tax Act, 1961, represents a specialized tax regime aimed
Anonymous Donations – Section 115BBC Read Post »
While applying for registration under Section 12AB of the Income-tax Act, trusts and charitable institutions are required to file Form
Wrong Clause Selected in Form 10A / Form 10AB ? Read Post »