Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Make Most of Text Search
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 TMI Notes - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Law:
---- All Laws----
  • ---- All Laws----
  • Benami Property
  • Bill
  • Central Excise
  • Companies Law
  • Customs
  • DGFT
  • FEMA
  • GST
  • GST - States
  • IBC
  • Income Tax
  • Indian Laws
  • Money Laundering
  • SEBI
  • SEZ
  • Service Tax
  • VAT / Sales Tax
Types:
---- All Types ----
  • ---- All Types ----
  • Act Rules
  • Case Laws
  • Circulars
  • Manuals
  • News
  • Notifications
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
RelevanceDefaultDate
    ManualsService Tax
    Whether issuance of SCN under section 73 is mandatory to fix the liability of the assessee? Whether ...
    ManualsService Tax
    Whether it is necessary to provide opportunity of being heard before passing order of finalisation ...
    ManualsService Tax
    Whether appeal can be filed against the provisional assessment?
    ManualsService Tax
    Whether mere non filing of Memorandum in ST-3A means no provisional assessment has been made?
    ManualsService Tax
    Whether best judgement can be done by assessing authority totally arbitrarily i.e. based on his gues...
    ManualsService Tax
    What is the difference between Assessment based on Best Judgement and Assessment based on books of a...
    ManualsService Tax
    What is the meaning of Assessment? What is the meaning of Assessee?
    ManualsService Tax
    What is the relevance of self declaration given at the end of service tax return regarding to self a...
    ManualsService Tax
    Whether records can be preserved in electronic form? if yes, what procedure is need to be followed f...
    ManualsService Tax
    What will be treatment in case of partial reverse charge if service provider is covered under SSI ex...
    ManualsService Tax
    What changes have been made in services by way of supply of manpower for any purpose or security ser...
    ManualsService Tax
    What is the meaning of Partial reverse charge? Which services are covered under partial reverse char...
    ManualsService Tax
    What is the meaning of aggregator? Who is liable in the case of aggregator? What will be if aggregat...
    ManualsService Tax
    How the exemption under this notification will be calculated if the service provider has more than o...
    ManualsService Tax
    Whether Small service provider exemption is available to those persons who are covered under reverse...
    ManualsService Tax
    Whether service provider has the option of not availing the exemption under this notification?
    ManualsService Tax
    Whether service provided under own brand name or trade name is entitled to the exemption under notif...
    ManualsService Tax
    What are the consequences if registration is not granted with in 7 days of the application? Is there...
    ManualsService Tax
    Whether Registration of service tax can be refused ? Whether Service tax authorities can issue regis...
    ManualsService Tax
    Is it mandatory to surrender/ cancel the registration certificate after ceasing to provide taxable s...
❯❯
MaximizeMaximizeMaximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

    +

    Are you sure you want to delete "My most important" ?

    NOTE:

    Notes
    Showing Results for :
    Reset Filters
    Results Found:
    Show All SummariesHide All Summaries
    ManualsService Tax
    Show AI Summary
    SCN requirement: absence of a show-cause notice prevents imposition of service tax and interest under revision.
    Issuance of a show-cause notice under the demand provision is a prerequisite to fix service tax and interest; where only a penalty notice was issued under the penalty regime, the revisional authority cannot validly pass an order demanding service tax with interest because the penalty notice cannot substitute for a demand-stage show-cause notice.
    ManualsService Tax
    Show AI Summary
    Right to be heard required before finalising provisional assessment; taxpayer must be told grounds and allowed to respond.
    An assessing authority must inform the taxpayer of the specific grounds for proposed enhanced liability and afford a meaningful opportunity to meet those grounds before finalising a provisional assessment, as a baseline requirement of natural justice in assessment proceedings.
    ManualsService Tax
    Show AI Summary
    Provisional assessment appeals permitted where statute and rules authorize provisional determinations, allowing aggrieved parties to prefer appeals.
    Provisional assessments are authorized by the Act and Rules, and an aggrieved party retains the right to appeal against such provisional assessments; the provisional nature does not by itself preclude preferring appeals under the applicable appellate procedure.
    ManualsService Tax
    Show AI Summary
    Non-filing of memorandum for provisional assessment is a procedural omission and does not negate provisional assessment.
    Non filing of the memorandum in Form ST 3A does not by itself negate the existence of a provisional assessment; the form serves to supply date wise details to enable the proper officer to make an accurate final assessment, and omission of that statement does not preclude that assessments were provisional, especially where the taxpayer later requests and the proper officer completes a final assessment.
    ManualsService Tax
    Show AI Summary
    Best judgment assessment must be reasoned, not arbitrary; it requires material support and more than mere guesswork.
    A best-judgement assessment allows limited estimation but the assessing officer must make an honest, fair and reasoned estimate and cannot act wholly arbitrarily; technical rules of evidence are relaxed but the assessment must be based on more than mere suspicion or pure guesswork and should be supported by adequate material rather than unsupported conjecture.
    ManualsService Tax
    Show AI Summary
    Best judgment assessment: courts may not substitute their own estimate if the assessing authority's basis has reasonable nexus.
    Assessment based on accounts is proper where books are genuine and substantially correct, with only minor adjustments; a best judgment assessment is used when accounts are unreliable and the authority estimates liability using available accounts, other information and surrounding circumstances. Courts reviewing a best judgment assessment must first confirm that rejection of accounts was justified and then assess whether the estimating basis has a reasonable nexus to the estimated turnover; if so, the authority's bona fide estimate should not be displaced.
    ManualsService Tax
    Show AI Summary
    Assessment in service tax: scope includes self assessment, reassessment, provisional and best judgement modes and interest determination.
    Assessment for service tax includes self-assessment, reassessment, provisional assessment, best judgement assessment and any order where tax assessed is nil; it also includes determination of interest on assessed or reassessed tax. "Assessee" means a person liable to pay the tax and includes the person's agent.
    ManualsService Tax
    Show AI Summary
    Untrue self-declaration in tax return corroborates suppression and can trigger penalty under self-assessment procedures.
    An untrue declaration in a service tax return asserting that tax has been paid corroborates suppression and attracts penalty; absence of a bona fide statement on the return or with the return renders the declaration faulty and imputes liability under the self-assessment procedure.
    ManualsService Tax
    Show AI Summary
    Electronic preservation of records permitted subject to every page being authenticated by digital signature and prescribed safeguards.
    Preservation of records in electronic form is permitted provided each page of the record is authenticated by a digital signature, and the Board may prescribe further conditions, safeguards and procedures for maintaining digitally signed records.
    ManualsService Tax
    Show AI Summary
    Partial reverse charge: provider exempt under SSI does not pay; service receiver still liable for receiver's portion of tax.
    Where a service falls under partial reverse charge and the provider is covered by the SSI exemption and not liable to pay service tax, the provider's obligation to pay its share is eliminated while the service receiver remains independently liable to pay the receiver's portion under the reverse charge mechanism.
    ManualsService Tax
    Show AI Summary
    Reverse charge liability now places full service tax responsibility on the service recipient for manpower and security services.
    W.e.f. notification no. 07/2015-ST the services by way of supply of manpower for any purpose and security services have been placed under a full reverse charge mechanism, making the service recipient exclusively liable to discharge the entire service tax; the earlier partial reverse charge split between recipient and service provider has been removed.
    ManualsService Tax
    Show AI Summary
    Partial reverse charge: service tax liability split between provider and recipient; third-party payers allowed under notification
    A scheme of partial reverse charge allocates service tax between provider and recipient by notifying services and the share payable by the recipient, the provider paying the remainder. As at 01/04/2015 the notification covers renting of passenger motor vehicles to persons not in the same business and the service portion of works contracts. The framework also allows liability to be placed on persons other than provider or recipient, for example a representative of an aggregator, where so notified.
    ManualsService Tax
    Show AI Summary
    Aggregator liability: platform owners bear service tax responsibility, with representatives appointed if no taxable territory presence.
    An "aggregator" is the owner manager of a web based application enabling customers to connect with service providers under the aggregator's brand; the aggregator is the person liable for paying service tax for services involving the aggregator. If the aggregator lacks physical presence in the taxable territory, a person representing the aggregator in that territory is liable; if there is neither presence nor representative, the aggregator must appoint a person in the territory who will be liable to pay service tax.
    ManualsService Tax
    Show AI Summary
    Aggregate value rule: combined turnover across services and premises determines small service provider exemption; co-owners assessed individually.
    Exemption is applied to the aggregate value of all taxable services provided from all premises by a provider, and eligibility is determined by aggregating previous year turnover across all premises; where premises are co-owned, each co-owner may claim the exemption separately if, on individual assessment, their aggregate taxable services fall within the threshold.
    ManualsService Tax
    Show AI Summary
    Reverse charge excludes recipients from small service provider exemption when they are liable to pay service tax.
    The Small service provider exemption does not extend to persons liable to pay service tax as service recipients under the Reverse Charge Mechanism; values of taxable services for which tax is payable by such person under sub-section (2) of section 68 read with the Service Tax Rules are excluded from the notification's exemption.
    ManualsService Tax
    Show AI Summary
    Option to decline small-provider exemption allows service providers to pay service tax and claim CENVAT credit from that date.
    Service providers may elect during a financial year to forego the small-provider value-based exemption and pay service tax, but the election is irrevocable for that financial year. Upon electing to pay service tax, the provider may avail CENVAT credit only for inputs or input services received on or after the date service tax payments commence and used for taxable services for which service tax is payable.
    ManualsService Tax
    Show AI Summary
    Brand name usage and service tax exemption: services under own brand remain eligible; exclusion covers use of another's brand.
    Exemption for small service providers applies when services are provided under the provider's own brand name or trade name; the notification excludes only taxable services provided under a brand or trade name of another person, whether registered or not.
    ManualsService Tax
    Show AI Summary
    Deemed registration applies when the local superintendent delays issuance, but not to centralized registration by the Commissioner.
    Failure of the Superintendent of Central Excise to issue Form ST-2 within seven days triggers deemed registration; that deeming provision applies only to registrations by the Superintendent and not to centralized registrations granted by the Commissioner, where no statutory time limit exists. Registration must nevertheless be granted within a reasonable time, and administrative circulars treating seven days as reasonable impose directory guidance and accountability but do not create deemed registration for the Commissioner.
    ManualsService Tax
    Show AI Summary
    Registration refusal prohibited: complete service tax applications must be accepted and authorities cannot register suo moto.
    A complete and properly filled application in Form ST-1 and/or ST-2 must be accepted; there is no statutory power under the Finance Act, 1994 or the Service Tax Rules, 1994 for the Superintendent or the Commissioner to refuse registration, nor to grant registration suo moto. Registration is confined to the category specified in the application, and non-alignment with the correct category may attract recovery or penal proceedings.
    ManualsService Tax
    Show AI Summary
    Surrender of service tax registration required on cessation of taxable services; cancellation follows after dues are cleared and documents submitted.
    Surrender of the registration certificate is mandatory upon cessation of taxable services and must be submitted to the Superintendent, who ensures all dues are paid before cancelling registration. No prescribed format exists; a simple application is acceptable. A trade notice lists common reasons for surrender and requires an application and undertaking, copies of recent ST-3 returns (up to six), profit & loss accounts and balance sheets (up to three years) or income tax returns or bank statements if unavailable, and disclosure of pending show-cause notices, confirmed demands, court cases and audits; waiver of penalty may be applied where returns were not filed but turnover is below the exemption limit.

    TMI Notes

    Back

    All TMI Notes

    Showing Results for :
    Reset Filters
      No Records Found

      TMI Notes

      Back

      All TMI Notes

      whatsappJoin Channel
      Showing Results for : Reset Filters

      Transformation of Tax Deduction Mechanism in respect of donations to certain funds : Clause 133 of the Income Tax Bill, 2025 Vs. Section 80G of the Income-tax Act, 1961

      16 April, 2025

      Contents
      Acts
      Rules & Regulations
      Summary
      Note

      Note

      -

      Bookmark

      Print

      Print

      Clause 133 Deduction in respect of donations to certain funds, charitable institutions, etc.

      Income Tax Bill, 2025

      Introduction

      Clause 133 of the Income Tax Bill, 2025, proposes to consolidate and modernize the framework for deductions in respect of donations to certain funds, charitable institutions, and other specified entities. This clause is intended to replace, update, or otherwise correspond to the existing Section 80G of the Income-tax Act, 1961, which has long served as the statutory provision governing tax deductions for charitable donations in India. The significance of these provisions lies in their dual role: incentivizing philanthropy and ensuring regulatory oversight over the entities eligible for such fiscal benefits. The present analysis provides a detailed, provision-wise commentary on Clause 133, followed by a systematic comparison with the existing Section 80G. The aim is to highlight legislative intent, key similarities and differences, interpretative issues, and practical implications for taxpayers, charitable organizations, and the administration of direct taxes in India.

      Objective and Purpose

      The legislative intent behind both Clause 133 and Section 80G is to encourage voluntary contributions towards causes of public welfare, national interest, and social development by providing tax incentives to donors. The provisions are also designed to ensure that only bona fide and regulated entities benefit from this policy, thereby preventing abuse and fostering transparency in the charitable sector. Historically, Section 80G has evolved through numerous amendments to address issues of misuse, to clarify eligible recipients, and to align with changing social priorities (such as disaster relief, education, and health). Clause 133 seeks to further streamline these objectives by updating the list of eligible funds, clarifying procedural aspects, and reinforcing compliance mechanisms, such as digital reporting and risk-based verification.

      Detailed Analysis of Clause 133

      Clause 133 is structured into several sub-clauses, each addressing a specific aspect of the deduction regime. The key features are analyzed below:

      1. Eligible Donations and Quantum of Deduction (Sub-section 1)

      1. 100% Deduction [Clause 133(1)(a)]: The clause enumerates a detailed list of funds and institutions to which donations are eligible for a full (100%) deduction from the total income of the assessee. These include:
        • National Defence Fund, Prime Minister's National Relief Fund, PM CARES Fund, and other central or state-level disaster relief funds.
        • Funds for specific causes (e.g., National Children's Fund, National Foundation for Communal Harmony, National Blood Transfusion Council).
        • Universities or educational institutions of national eminence, subject to approval.
        • Specific state government funds (e.g., Gujarat Earthquake Relief), and district-level literacy societies.
        • Medical relief funds, welfare funds for armed forces personnel, and funds for illness assistance.
        • National Sports Development Fund, National Cultural Fund, Fund for Technology Development, Swachh Bharat Kosh, Clean Ganga Fund, and National Fund for Control of Drug Abuse.
        • Entities promoting family planning, and sports associations recognized by the Central Government (for companies).
        The inclusion of explicit exclusions for sums spent under Corporate Social Responsibility (CSR) u/s 135(5) of the Companies Act, 2013, for certain funds (e.g., Swachh Bharat Kosh, Clean Ganga Fund) is notable and aligns with recent policy clarifications.
      2. 50% Deduction [Clause 133(1)(b)]: Donations to other specified funds and institutions are eligible for a 50% deduction, including:
        • Prime Minister's Drought Relief Fund, other approved charitable institutions (subject to conditions), government or local authority for charitable purposes (excluding family planning), authorities for housing or urban development, and corporations for minority community welfare.
        • Donations for renovation or repair of notified places of worship of historic or artistic importance.
        The clause defines "minority community" as notified by the Central Government, ensuring clarity.

      2. Aggregate Limit (Sub-section 2)

      Where the aggregate of certain donations (e.g., those for family planning, sports infrastructure, and those under sub-section 1(b)) exceeds 10% of the adjusted gross total income, the excess over 10% is ignored for deduction purposes. This cap is designed to prevent disproportionate tax benefits and to ensure the deduction remains within reasonable limits relative to the taxpayer's income.

      3. Exclusion from Double Deduction (Sub-section 3)

      Any sum allowed as a deduction under Clause 133 cannot be claimed under any other provision of the Act for the same or any other tax year. This anti-duplication measure is critical for fiscal discipline.

      4. Nature and Mode of Donation (Sub-sections 4 and 5)

      • Deductions are allowed only for donations made as a sum of money (not in kind).
      • Donations exceeding Rs. 2,000 must be made by a mode other than cash to qualify for deduction, reinforcing the move towards digital and traceable transactions.

      5. Compliance and Reporting (Sub-section 6)

      For donations to institutions or funds under sub-section (1)(b)(ii), the deduction is allowed only if:

      • The institution or fund furnishes information regarding the donation to the prescribed authority.
      • The claim is subject to verification as per the risk management strategy formulated by the Board.

      This provision strengthens compliance and aligns with the broader digitalization and risk-based monitoring of charitable donations.

      6. Definitions and Interpretative Clarifications (Sub-section 7)

      Key terms such as "adjusted gross total income," "charitable purpose," and the nature of the National and State Blood Transfusion Councils are defined. Notably, "charitable purpose" is expressly stated to exclude purposes wholly or substantially of a religious nature, maintaining the secular character of the deduction regime.

      Comparative Analysis with Section 80G

      A detailed comparison reveals both continuity and innovation in the new Clause 133 vis-`a-vis the existing Section 80G.

      1. Scope of Eligible Recipients

      Both provisions enumerate a similar list of eligible funds and institutions, with only minor variations in nomenclature and sequencing. However, Section 80G contains a longer, more fragmented list, reflecting its piecemeal evolution. Clause 133 consolidates and streamlines these categories, possibly omitting obsolete or merged funds (e.g., certain state-specific relief funds that are no longer operational). Section 80G also includes a provision for donations to "any other fund or institution to which this section applies," subject to approval and compliance with detailed conditions (sub-section 5). Clause 133 maintains a similar approach but refers to Schedule VII (Table: Sl. No. 1) and approval u/s 354, possibly signifying a shift towards a more codified and centralized approval process.

      2. Quantum of Deduction

      Both provisions distinguish between 100% and 50% deductions, depending on the nature of the recipient fund or institution. The underlying policy is consistent: donations to funds of national importance or for specific critical purposes (e.g., defence, disaster relief) are incentivized more than general charitable donations. Section 80G, however, contains a more complex calculation mechanism, especially where the aggregate includes sums eligible for both 100% and 50% deduction (sub-section 1(i)). Clause 133 simplifies this by more directly specifying the eligible categories under each quantum.

      3. Aggregate Cap

      Both provisions impose a 10% cap (of gross total income or adjusted gross total income) on certain categories of donations. Section 80G details the sub-clauses to which the cap applies, whereas Clause 133 refers to the relevant sub-sections more succinctly. The methodology for calculating "adjusted gross total income" is explicitly defined in Clause 133, reducing ambiguity.

      4. Conditions for Eligible Institutions

      Section 80G lays out extensive conditions for approval of institutions and funds:

      • Charitable purpose, non-religious in nature.
      • Registration under relevant laws (trust, society, etc.).
      • Non-profit distribution, regular accounts, and restrictions on benefit to any religious community or caste.
      • Approval by the Principal Commissioner or Commissioner, subject to periodic renewal and compliance with reporting requirements.
      • Detailed procedural rules for application, renewal, and cancellation of approval.

      Clause 133, while referencing approval and compliance, appears to delegate much of the procedural detail to subordinate legislation (e.g., Schedule VII, section 354, prescribed authority), potentially allowing for more flexible and up-to-date regulatory mechanisms.

      5. Exclusion of Religious Purpose

      Both provisions unequivocally state that "charitable purpose" does not include purposes wholly or substantially of a religious nature. Section 80G, however, contains an explicit deeming provision (sub-section 5B) allowing up to 5% expenditure of a religious nature without disqualification. Clause 133 does not contain a comparable express carve-out, suggesting a stricter approach or an intent to clarify this via subordinate rules.

      6. Mode of Donation and Anti-Abuse Provisions

      Both provisions restrict deductions to monetary donations (not in kind) and require non-cash payment for amounts exceeding Rs. 2,000. Section 80G previously had a higher threshold (Rs. 10,000), which has since been aligned with the Rs. 2,000 limit, now mirrored in Clause 133. The anti-duplication rule is present in both (Section 80G(5A); Clause 133(3)), ensuring that a donation cannot be claimed under multiple provisions.

      7. Reporting, Compliance, and Digitalization

      Section 80G has, post-2020, mandated digital reporting by recipient institutions (sub-section 5(viii), (ix)), requiring statements to be furnished to the tax authorities and certificates to be issued to donors. Clause 133(6) similarly conditions deduction on information being furnished by the recipient institution and allows for risk-based verification. Both provisions thus reflect the policy shift towards digital administration and data-driven compliance.

      8. Transitional and Miscellaneous Provisions

      Section 80G contains detailed transitional provisions, explanations, and clarifications regarding the status of institutions, approval processes, and the treatment of pending applications. Clause 133, as a new provision, is more streamlined but may rely on future notifications or rules for transitional arrangements.

      Practical Implications

      For Taxpayers

      • Taxpayers must ensure donations are made to eligible entities, via non-cash modes for amounts above Rs. 2,000, and secure appropriate documentation (receipts, certificates).
      • Donations to entities not listed or not approved under the new regime will not qualify, necessitating due diligence.
      • The 10% cap on eligible donations for certain categories requires careful tax planning to maximize benefit.

      For Charitable Institutions

      • Institutions must secure and maintain approval as per the new procedures, furnish timely digital statements to authorities, and issue certificates to donors.
      • Non-compliance may result in denial of deduction to donors, potentially affecting fundraising.
      • Entities with religious objectives must be cautious, as the exclusion for religious purposes is strictly enforced.

      For Tax Authorities

      • The digitalization of reporting and risk-based verification enhances oversight but also increases administrative responsibility.
      • Clear guidelines and robust IT systems will be necessary to process and verify the large volume of data generated under these provisions.

      Ambiguities and Issues in Interpretation

      Transitional Issues 

      Transition from Section 80G to Clause 133 may give rise to questions regarding the status of approvals granted under the old regime, treatment of donations made during the transition period, and continuity of eligibility for ongoing or recurring donations.

      Definition of Charitable Purpose

      While both provisions exclude religious purposes, the practical interpretation of "substantially religious" may still give rise to disputes, especially for institutions with mixed objectives.

      Compliance Burden

      The increasing compliance requirements for donee institutions (approval, reporting, certificate issuance) may pose challenges, especially for smaller entities. Any lapses could adversely affect donors, potentially leading to litigation.

      Ceiling and Classification Issues

      The 10% ceiling and classification of donations into 100% and 50% categories can be complex, especially when donors make multiple donations to different categories. Errors in classification or calculation may lead to disallowance or disputes.

      Areas for Reform or Judicial Clarification

      • Clear transitional guidelines should be issued to address approvals, ongoing donations, and treatment of donations made around the time of legislative change.
      • Further clarification may be warranted on the scope of "charitable purpose" and the permissible extent of incidental religious activity.
      • Consideration could be given to simplifying the compliance burden for small institutions, perhaps through thresholds or digital facilitation.
      • Greater public awareness and guidance for both donors and donee institutions would help in smoother implementation and reduced disputes.

      Conclusion

      Clause 133 of the Income Tax Bill, 2025, represents a comprehensive and modernized approach to the deduction regime for charitable donations in India. While it retains the core policy and structure of Section 80G, it seeks to simplify, clarify, and digitize the regime in line with contemporary administrative and compliance requirements. The comparative analysis reveals substantial continuity but also key innovations, particularly in the areas of digital reporting, approval processes, and the explicit exclusion of CSR-related donations. Stakeholders must closely monitor the evolution of subordinate legislation and administrative guidance under the new regime to ensure seamless compliance and to maximize the intended benefits of charitable giving within the framework of Indian direct tax law.


      Full Text:

      Clause 133 Deduction in respect of donations to certain funds, charitable institutions, etc.

      Topics

      ActsIncome Tax