Transfer-pricing treatment of ITeS margins excludes pass-through tax recoveries and separate delayed-receivables interest after working-capital adjust...
Capacity-utilisation adjustments under TNMM can neutralise substantiated COVID-related idle costs where underutilisation materially affects profitabil...
TNMM functional comparability requires excluding rice manufacturers from a pure Basmati rice trader's benchmark and recognising operating export recei...
Working-capital adjustment subsumes delayed-receivable effects in TNMM benchmarking of captive software-development services, avoiding separate notion...
Transfer-pricing comparability requires exclusion of financially illogical super-profit comparables and correction of unsupported annual-report and ma...
Charitable character assessment preserves Section 80G approval despite inclusive spiritual teachings and incidental religious expenditure within the s...
Penalty proceedings for cash-loan acceptance require assessment proceedings and recorded Assessing Officer satisfaction; absent these, the proceedings...
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MHA issued directive regarding FCRA accounts management, emphasizing that NGOs/associations must maintain valid FCRA registration for receiving or utilizing foreign contributions. Any credit or debit transactions in FCRA accounts without valid registration, including expired or cancelled certificates, constitutes a violation of FCRA 2010. The directive clarifies that foreign contributions must be utilized exclusively for approved purposes as per Section 11. Organizations must renew certificates within six months before expiry under Section 16. Non-compliance with these provisions triggers penal action. The notice mandates strict adherence to FCRA 2010 rules, addressing concerns about unauthorized foreign contribution transactions by entities lacking valid registration status.
MHA issued directive regarding FCRA accounts management, emphasizing that NGOs/associations must maintain valid FCRA registration for receiving or utilizing foreign contributions. Any credit or debit transactions in FCRA accounts without valid registration, including expired or cancelled certificates, constitutes a violation of FCRA 2010. The directive clarifies that foreign contributions must be utilized exclusively for approved purposes as per Section 11. Organizations must renew certificates within six months before expiry under Section 16. Non-compliance with these provisions triggers penal action. The notice mandates strict adherence to FCRA 2010 rules, addressing concerns about unauthorized foreign contribution transactions by entities lacking valid registration status.
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