Day: June 22, 2026

FCRA specifies list of purposes to be selected for which registration is applied.  The Ministry of Home Affairs has notified the Foreign Contribution (Regulation) Amendment Rules, 2026 to amend the Foreign Contribution (Regulation) Rules, 2011.   Purposes and the States or Union territories for which registration granted It …

Assessee was not liable to withhold tax at source u/s 40(a)(i) on cost-to-cost reimbursement made to parent company In a recent judgment, ITAT has held that the assessee was not liable to withhold tax at source u/s 40(a)(i) on cost-to-cost reimbursement made to parent non-resident company towards IT …