The ITAT held that foreign exchange gains arising from realization of export proceeds from services rendered to associated enterprises are operating in nature for transfer pricing purposes. It ...
The Income Tax Department has issued a new set of FAQs to resolve uncertainties around tax deductions for donations under Section 80G of the Income Tax Act, 1961. The FAQs shed light on what counts as ...
Made a donation? Here's how much tax deduction you can actually claim under Section 80G (AI-generated image) Many taxpayers make donations during the financial year believing that the entire amount ...