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Demystifying ITR-7: A Comprehensive Guide to Income Tax Returns for NGOs

Parul Agrawal

Sep 175 min read

NGOs

Demystifying ITR-7: A Comprehensive Guide to Income Tax Returns for NGOs

Introduction: Form ITR 7 is a critical component of the tax filing process for Non-Profit Organizations (NPOs), including charitable...

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Registration under section 12AA cannot be denied solely because the trust had not started its charitable activities: HC

Dohit Muranjan

Aug 261 min read

Case Laws

Registration under section 12AA cannot be denied solely because the trust had not started its charitable activities: HC

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Audit Report under Form 10B/Form 10BB - Tax Compliance Simplified

Parul Agrawal

Jul 224 min read

Income Tax Exemption

Audit Report under Form 10B/Form 10BB - Tax Compliance Simplified

Learn all about Form 10B and Form 10BB, crucial for tax exemptions. Understand their differences, due dates, consequences and penalties

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Exemption under section 11 cannot be disallowed when payment of salaries and rent is reasonable: ITAT

Dohit Muranjan

Jul 221 min read

Case Laws

Exemption under section 11 cannot be disallowed when payment of salaries and rent is reasonable: ITAT

Exemption under section 11 cannot be disallowed when payment of salaries and rent is reasonable

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Expenses paid by a charitable trust for business support services to a sister concern at arm’s length, could not be disallowed under section 13: ITAT

Dohit Muranjan

Jun 141 min read

Case Laws

Expenses paid by a charitable trust for business support services to a sister concern at arm’s length, could not be disallowed under section 13: ITAT

Expenses paid by a charitable trust for business support services to a sister concern at arm’s length, could not be disallowed u/s 13

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The Tribunal has the power to condone the delay in filing application for final approval under clause (iii) of first proviso to section 80G(5): ITAT

Dohit Muranjan

Apr 241 min read

Case Laws

The Tribunal has the power to condone the delay in filing application for final approval under clause (iii) of first proviso to section 80G(5): ITAT

Tribunal has the power to condone the delay in filing application for final approval 80G (5)(iii)

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CBDT circular not extending the time limit to file final application u/s 80G(5)(iii) of new provisionally registered trusts is violative of the Constitution of India: Madras HC

Dohit Muranjan

Apr 242 min read

Income Tax Exemption

CBDT circular not extending the time limit to file final application u/s 80G(5)(iii) of new provisionally registered trusts is violative of the Constitution of India: Madras HC

CBDT circular not extending the time limit to file final application u/s 80G(5)(iii) of new trusts is violative of Constitution of India

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The timeline prescribed for extension of final registration application under first proviso to section 80G(5) is directory in nature and not mandatory: ITAT

Dohit Muranjan

Apr 242 min read

Case Laws

The timeline prescribed for extension of final registration application under first proviso to section 80G(5) is directory in nature and not mandatory: ITAT

Timeline prescribed for extension of final registration application under first proviso to section 80G(5) is directory and not mandatory

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