« Direct Tax » Open DEMAT Account in 24 hrs  GSTR-3B deadline expired: File now to avoid input tax credit loss, GST registration cancellation  ITR Filing: Income tax department shortens time limit for condonation of delay What it means for taxpayers  CBDT launches campaign to intimate taxpayers on undeclared foreign assets in ITR  ITR AY2024-25: CBDT launches campaign for taxpayers to report income from foreign sources   CBDT comes out with FAQs on Direct Tax Vivad se Viswas scheme 2024  CBDT weighs overhaul of designations for income tax officials to secure better clarity  Direct tax-GDP ratio at millennial high in FY24  CBDT comes out with FAQs on Direct Tax Vivad se Viswas scheme 2024  Tax filing: How to choose the right ITR form  Income Tax Return: How to maximise your tax refunds while filing ITR?  Last date for filing income tax return (ITR) «  Black money: ED issues notices to LGT bank account holders... NGOs will have to reveal details of foreign aid to I-T... » AIMPLB objects to provisions of Direct Tax Code Bill November, 21st 2011 Nov 20 (PTI) The All India Muslim Personal Law Board has objected to certain provisions of the Direct Tax Code Bill that propose to tax donations received by charitable institutions, terming them harmful to the interests of religious institutions. The bill is with the Parliamentary Standing Committee at present and the government aims to replace the 50 years old taxation law with the new tax code by 2012. AIMPLB spokesperson Abdul Rahim Qureshi said the government should not bring the bill in a hurry because several communities have raised objections to its provisions. He said implementing the bill in its present form will not only bring religious educational institutions under the ambit of taxation but also temples and mosques. "It is not only us who are concerned over this bill, other communities too have reservations over it. In such circumstances, the government should take into account the opinions of all groups and bring the required changes to its draft," Qureshi told PTI. He said his body has conveyed its concerns on the bill to the Ministry of Finance and the parliamentary standing committee led by BJP leader Yashwant Sinha.