50% of the amount donated for the purpose of renovation/repair of the Mandir to Shri Ram Trust is eligible for deduction under Section 80G. Donations for purposes other than the renovation or repair of the temple are not eligible for deduction. Further, this 50% deduction under Section 80G shall be subject to the qualifying limit.… Read More »
Income Tax assessment order not valid if reply to show cause notice was not considered by National Faceless Assessment Centre (NFAC) : High Court HIGH COURT OF MADRAS N. Kannammal v. Assessment Unit, Income Tax Department, National Faceless Assessment Center KRISHNAN RAMASAMY, J. W.P. NO. 416 OF 2023 W.M.P. NO. 374 OF 2023 DECEMBER 12,… Read More »
GST order not valid if reply to SCN wasn’t considered by AO before passing demand order : High Court HIGH COURT OF MADRAS MakeMyTrip (India) (P.) Ltd. v. State Tax Officer SENTHILKUMAR RAMAMOORTHY, J. W. P. NOS. 96, 102, 104 OF 2024 & OTHS. W.M.P. NOS. 103, 104 OF 2024 AND OTHS. JANUARY 18, 2024… Read More »
NEW CHANGE IN CAPITAL GAIN TAX I SEC 54 & 54F INCOME TAX RETURN FILER AY 2024-25 I CA SATBIR SINGH