ITAT ruled that organising Kathas or Yagnas for charitable fundraising does not constitute a religious object under Section 80G. The trust’s dominant objects were charitable, and expenditure on ...
Tribunal holds that the CBDT circular exempting commercial transactions was wrongly ignored; AO must re-verify if the shareholder loan was a genuine business accommodation before taxing under Section ...
RBI Directions promote diversified ownership and limit concentration of control. Detailed application, due diligence, and compliance reporting safeguard the banking sector from financial and ...