Prøve GULL - Gratis
Tax scrutiny on charitable trusts, research bodies
Hindustan Times Haryana
|June 16, 2025
Income-tax returns of charitable trusts and research institutions that have wrongfully claimed exemptions, as well as entities and individuals that have had repeated additions to their liability, will be automatically selected for scrutiny this year.
NEW DELHI:
The latest guidelines of the Central Board of Direct Taxes (CBDT) mandate senior field officers to issue notices on such income-tax returns (ITRs) until 30 June.
The guidelines are part of the direct taxes authority's efforts to improve compliance. The annual exercise is even more important this year as the government seeks to curb evasion and shore up tax revenue after forgoing ₹1 lakh crore in the annual budget to provide relief to the middle class.
According to data available from the CBDT, more than 314,000 associations of persons or trusts filed tax returns in 2023-24.
Queries emailed to the CBDT seeking comments remained unanswered until the time of publishing.
Denne historien er fra June 16, 2025-utgaven av Hindustan Times Haryana.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Hindustan Times Haryana
Hindustan Times Haryana
Australia win 2nd ODI, seal series as missed chances peg back India
Australia No.3 Short top scores with 74 and receives a big helping hand from Connolly as hosts take 2-0 lead in series
3 mins
October 24, 2025
Hindustan Times Haryana
Deloitte pegs India’s FY26 GDP growth at 6.7-6.9%
THE FIRM RAISED ITS EARLIER FORECAST OF 6.5%, ON STRONGER-THAN-EXPECTED CONSUMPTION AND INVESTMENT
1 min
October 24, 2025
Hindustan Times Haryana
PLEA SEEKING TO DECLARE AYODHYA VERDICT NULL AND VOID DISMISSED
A Delhi court has dismissed a plea by an advocate, challenging a civil judge’s order that rejected a suit seeking the Supreme Court's Ayodhya judgment be declared null and void, noting that seeking guidance from the almighty cannot be berated as afraudulentact.
1 min
October 24, 2025
Hindustan Times Haryana
MAN STABBED TO DEATH IN VIKAS NAGAR; THREE JUVENILES HELD
NEW DELHI: A 27-year-old man was stabbed to death in outer Delhi's Ranhola on Tuesday evening after he tried to intervene in an altercation between his neighbour and three juveniles, police said on Tuesday.
1 min
October 24, 2025
Hindustan Times Haryana
After US, EU piles pressure with more Russia sanctions
The European Union (EU) heaped more economic sanctions on Russia on Thursday, as Chinese state oil companies suspended purchases of seaborne Russian crude following sweeping US sanctions, dealing a double blow to Moscow’s war revenues.
3 mins
October 24, 2025
Hindustan Times Haryana
RBI cautions states on fiscal discipline as bond yields rise
Flagging sharp rise in state bond yields, the Reserve Bank of India (RBI) has cautioned states against pre-election populist spending and fiscal slippage, especially in Bihar and Maharashtra.
2 mins
October 24, 2025
Hindustan Times Haryana
Intoxicated Indian-origin trucker causes crash in US state, killing 3 people
A 21-year-old Indian-origin truck driver has been accused of causing a semi-truck crash while allegedly driving intoxicated, killing three people in the US state of California earlier this week, according to a media report.
1 min
October 24, 2025
Hindustan Times Haryana
CONG MLA, THREE OTHERS CHARGED OVER DEATH OF PARTY MEMBER
KOCHI: A Congress MLA and three other party leaders have been charged in connection with the death by suicide of Wayanad district Congress committee treasurer NM Vijayan and his son Jijesh in 2024 in Kerala, officials familiar with the matter said.
1 min
October 24, 2025
Hindustan Times Haryana
HUL bets on price cuts for sales after GST disruption
Tax cuts on packaged food and personal care products disrupted stocks and depressed sales growth at Hindustan Unilever Ltd in the September quarter, but the consumer goods giant expects the price drop and a good monsoon to boost consumer sentiment and sales in the second half of 2025-26.
2 mins
October 24, 2025
Hindustan Times Haryana
RAJ OFFICER, WHO HIT MAN AT FUEL PUMP, SUSPENDED
Rajasthan chief minister Bhajan Lal Sharma on Thursday suspended the Rajasthan Administrative Service (RAS) officer Chhotu Lal Sharma, after he slapped a worker at a fuel pump station in Bhilwara on Tuesday.
1 min
October 24, 2025
Listen
Translate
Change font size

