Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
The proposed amendment rationalizes the timelines for funds or institutions to file applications seeking approval u/s 80G, which provides for deduction of donations to approved entities. It addresses situations where entities are unable to file applications within specified timelines, preventing unintended permanent exit from section 80G approval. The amendment aims to streamline the application process and timelines for approval u/s 80G, facilitating charitable donations and tax deductions. The amendments will take effect from October 1, 2024.
The proposed amendment rationalizes the timelines for funds or institutions to file applications seeking approval u/s 80G, which provides for deduction of donations to approved entities. It addresses situations where entities are unable to file applications within specified timelines, preventing unintended permanent exit from section 80G approval. The amendment aims to streamline the application process and timelines for approval u/s 80G, facilitating charitable donations and tax deductions. The amendments will take effect from October 1, 2024.
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