Leading Ngo Consultancy in Delhi

Disclosure of information respecting assessees

Any officer, authority, or body conducting any functions under any law relating to the imposition of any tax, duty, or cess, or to interactions in foreign exchange as defined in section 2(d) of the Foreign Exchange Regulation Act, 19478 (7 of 1947), may receive from the Board or any other revenue authority specified by it by a general or special order in this regard.

Any such data gained or acquired by any income-tax authority in the performance of its duties may be provided by the Board or any other income-tax authority specified by it by a general or special order in this regard to such officer, authority, or body conducting functions under any other law as the Central Government may, if it believes it is necessary to do so in the public interest, specify by publication in the Official Gazette in this regard.

 

Just click for more information about 80g deduction.

 

The Director General or Commissioner may, if he is contented that it is in the public interest to do so, provide a or cause to be furnished the information requested when a person submits an application to them in the prescribed form for any information relating to any assessee received or obtained by any income-tax authority in the course of his functions under this Act. His determination in this regard shall be final and shall not be appealed. The Central Government may, by order published in the Official Gazette, instruct that no data or document shall be complied or produced by a public servant in relation to such matters pertaining to such class of assessees or except to such law enforcement agencies as may be specified in the order, notwithstanding anything contained in the aforementioned sub-section or any other law currently in effect. This decision would be made with consideration for customary practises and usages as well as any other relevant factors. Wow! A good information on donation under 80g.

Every person must submit a return of their income or the income of any other person during the previous year in the specified format, verified in the prescribed manner, and containing any additional information that may be required if their total income or the total income of any other person in respect of which they are accessible under this Act during the previous year increased the maximum amount that is not subject to income-tax. Before the replacement, an individual must be represented by the individual himself, by a representative duly authorised by the individual when the individual is out of the country, by the individual concerned when the individual is mentally incapable of handling his own affairs, by his guardian, or by any additional person qualified to act on his behalf.

 

Visit here 80g registration.

Go to top of page