Undisclosed foreign asset classification requires an unexplained source; unrebutted affidavits and corroborative evidence defeated the Black Money Act...
Specialized Investment Fund distribution now requires dedicated certification, while transitional recognition preserves existing qualified distributor...
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The Central Government approved the International Institute of Information Technology, Hyderabad (PAN: AAAAI6797B) for 'Scientific Research' under the category of 'University, College or Other Institution' for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 read with rules 5C and 5E of the Income-tax Rules, 1962. This notification is effective from the previous year 2024-25 and applicable for assessment years 2025-26 to 2029-30.
The Central Government approved the International Institute of Information Technology, Hyderabad (PAN: AAAAI6797B) for 'Scientific Research' under the category of 'University, College or Other Institution' for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 read with rules 5C and 5E of the Income-tax Rules, 1962. This notification is effective from the previous year 2024-25 and applicable for assessment years 2025-26 to 2029-30.
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