Input tax credit conditions remain constitutionally valid, with eligible recipient claims considered under GST circulars and retrospective filing dead...
Bogus donation receipts justified commission income assessment and defeated political-party tax exemption for inaccurate accounts and reporting failur...
Pure reimbursement without income element escapes tax withholding, while delayed withholding and unsupported provisions face deferred or renewed scrut...
Public benefit requirement defeats charitable registration where residents' association services are reciprocal, member-only facilities governed by mu...
Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
The Foreign Contribution (Regulation) Amendment Rules, 2023 require enhanced reporting in Form FC-4, including details of movable assets and immovable properties acquired from foreign contributions as of 31st March each financial year. These amendments empower the Central Government under the Foreign Contribution (Regulation) Act, 2010. The rules came into effect upon publication in the Official Gazette.
The Foreign Contribution (Regulation) Amendment Rules, 2023 require enhanced reporting in Form FC-4, including details of movable assets and immovable properties acquired from foreign contributions as of 31st March each financial year. These amendments empower the Central Government under the Foreign Contribution (Regulation) Act, 2010. The rules came into effect upon publication in the Official Gazette.
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