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 ...
Taxpayers, take note: The Central Board of Direct Taxes (CBDT) is ramping up its war on fake deduction claims under Income Tax Act provisions like Sections 80GGC and 80G. On December 13, 2025, CBDT ...
With the new tax regime becoming increasingly prevalent and more common, taxpayers stand to lose their eligibility to claim most of the exemption and deductions offered under various provisions such ...