Tax appeal allowed: AO exceeded s.144C DRP mandate by introducing new findings and recharacterising non-resident receipts as permanent establishment i...
Anonymized petitioner gets partial relief: bank guarantee quashed, PVC-coated fabric released under reduced conditions while valuation proceedings con...
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.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4830 
Join Channel 
