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...
Notification permits 15 reporting entities under Prevention of Money-laundering Act, 2002 to perform Aadhaar authentication as per Aadhaar Act, 2016 for purposes of section 11A after consultation with UIDAI and SEBI. The reporting entities are securities firms complying with privacy and security standards under Aadhaar Act. This enables Aadhaar authentication by these entities for anti-money laundering purposes.
Notification permits 15 reporting entities under Prevention of Money-laundering Act, 2002 to perform Aadhaar authentication as per Aadhaar Act, 2016 for purposes of section 11A after consultation with UIDAI and SEBI. The reporting entities are securities firms complying with privacy and security standards under Aadhaar Act. This enables Aadhaar authentication by these entities for anti-money laundering purposes.
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