The CAP blog features up to the minute legal and compliance-related developments that would be of interest and even immense value to readers. All legal news and updates are posted here as they happen.
Pre-Independent India’s Income Tax Act were of 1860, 1886 and 1922. Independent India’s first Income Tax Act has been of...
Contrary to our fears and expectations, the Union Budget and Finance Bill 2025 has been charitable towards charitable trusts and...
The Foreign Contribution Amendment Rules 2024 with effect from 1st January 2025, has made three significant changes. The first two...
FCRA online Form FC-6E can now be filed even if the earlier application is pending approval. Ministry of Home Affairs...
A Private or Public Company licensed under section 8 of the Indian Companies Act 2013 (or Section 25 of the...
Tax exempt charitable trusts and institutions are required to apply (utilize) at least eighty-five per cent of their Total Income...
Finance Minister Nirmala Sitharaman introduced Finance (No. 2) Bill 2024 in the Lok Sabha on 23rd July 2024. Overall, the...
Prior to July 2022, organizations registered under FCRA were required to file ‘quarterly intimation’ of foreign contributions received on Ministry...
Whether CSR contributions are eligible for tax deduction u/s 80G of the Income tax Act 1961 is a question often...
