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The income tax department has made changes to the disclosure requirements for charitable institutions seeking income tax exemption. Effective from October 1, the amendments to the Income Tax Rules mandate that charitable institutions must provide additional details regarding the nature of their activities. Specifically, they will now be required to disclose whether their activities are categorized as charitable, religious, or a combination of both religious and charitable.

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Vishwas Panjiar ,Nangia Andersen ,Income Tax Rules ,Income Tax ,

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