Highlights of Finance Act 2020, Charitable trusts and institutions.
Section 12AB | Finance Act 2020 | Amendment in Section 12AA/ 80G/ 80GGA The Finance Act 2020 had made significant changes to the taxation and the governance of Charitable trusts and institutions existing as well as new. The changes pertain to: Procedure for obtaining registration / re-registration for claiming exemption by entities registered under section …
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