Understanding The National Guidelines For Responsible Business Conduct (NGRBCs) The world today is facing colossal Climate change and other Environmental challenges; the continuity of life on earth is at stake if we do not take immediate actions. Fortunately, the hard-work of activists has paid off and there is recognition in all quarters be it government, business houses or public at …
Tag: charitable organizations
Mandatory books of accounts and other documents to be maintained by Not for Profit Organizations
For charitable organizations which are tax exempt, Govt of India has now framed a rule which is already effective for maintenance of books of accounts and other documents to be kept and maintained at registered office of the organization. Failure to comply with the rules may lead to denial of exemption under section 11 and 12 of Income Tax Act, …