CBDT Provides Clarity on Finance Act 2023 Provisions for Trust Donations

Last updated: 07 March 2024

CBDT clarifies provisions under Finance Act 2023 relating to donations made by a trust/institution to another trust/institution for purposes of the application of income Any trust or institution registered u/s 12AA or 12AB of the Income Tax Act 1961 is exempt, subject to the fulfilment of certain

You have reached daily limit of 2 Free News. To view this or other News please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 2999/-

Offer Price : INR 1999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)
Attached File : 671907_23225_circular_3_2024.pdf
🤖 Summarize this with AI: 💬 ChatGPT 🔍 Perplexity 🤖 Claude 🔮 Google AI Mode 🐦 Grok

CCI Pro

Category Income Tax   Report

Comment   Share
  5016 Views
Comments

Recent News :

  1. Tax Department Urges Bengaluru Vendors Not to Avoid UPI Amid GST Notice Confusion
  2. Finance Ministry Grants IT Exemption to Andhra Pradesh Pollution Control Board for Specified Incomes
  3. ICAI Leads Accounting Transformation with AI - Hosts AIS 2025 Innovation Summit
  4. New Income Tax Bill Seeks to End NPA Tax Disputes by Aligning with RBI Guidelines
  5. GST Scam Busted: Hyderabad Firm Fakes Toy Trade to Illegally Avail Rs 6.25 Crore ITC
  6. Income Tax Department Releases Updated Common Offline Utility & Schema for Form 3CA-3CD and 3CB-3CD Filings
  7. Income Tax Bill 2025: Parliamentary Panel Retains CA-Only Definition of 'Accountant'
  8. Lok Sabha Select Committee Proposes Changes to Income Tax Bill, 2025
  9. AI Detects Tax Evasion in Hyderabad Using Font Analysis of Forged Capital Gains Bills
  10. ITR-2 Now Enabled for Online Filing with Prefilled Data on Income Tax Portal

More »


Popular News




CCI Pro
Meet our PRO Members
Subscribe to CAclubIndia Pro

Trending Online Classes

view all classess
Follow us

Browse by Category