TNMM functional comparability requires excluding rice manufacturers from a pure Basmati rice trader's benchmark and recognising operating export recei...
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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...
Functional comparability governs software-service benchmarking: dissimilar companies are excluded, while related-party filters, margins and working-ca...
The Central Government, exercising powers under section 80G(2)(b) of the Income-tax Act, 1961, notifies a specified temple in Bhuleshwar, Mumbai, managed by a named public trust in Maharashtra, as a place of historic importance and public worship renowned in Maharashtra and Gujarat. This notification grants section 80G benefits specifically for renovation or repair of the temple, up to a maximum contribution limit of Rs. 50,00,00,000 (Rupees Fifty Crore only). The approval remains effective until the earlier of collection of the sanctioned amount or 31 March 2030, after which the notification ceases to have effect.
The Central Government, exercising powers under section 80G(2)(b) of the Income-tax Act, 1961, notifies a specified temple in Bhuleshwar, Mumbai, managed by a named public trust in Maharashtra, as a place of historic importance and public worship renowned in Maharashtra and Gujarat. This notification grants section 80G benefits specifically for renovation or repair of the temple, up to a maximum contribution limit of Rs. 50,00,00,000 (Rupees Fifty Crore only). The approval remains effective until the earlier of collection of the sanctioned amount or 31 March 2030, after which the notification ceases to have effect.
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