« Top Headlines » Open DEMAT Account in 24 hrs  Income Tax Rules 2026: CBDT Introduces Revised Form 161 for Penalty Waiver, Clarifies Misreporting Categories and Taxpayer Relief  ITR Filing and Income Tax Audit Deadline Extended: 5 Critical Things Taxpayers Must Know  Filing Belated ITR for AY 2026-27? Know Which Losses You Can Carry Forward and Which You May Lose  CBDT Extends Tax Audit Report Deadline to October 21, ITR Filing Last Date to November 21 for AY 2026-27  CBDT Extends AY 2026-27 ITR Filing Deadline for Tax-Audit Cases: New Dates and Key Compliance Details  Foreign Assets Missing From Your ITR? Income Tax Department Opens One-Time Disclosure Window  Tax Audit Deadline September 30: Why AIS, TDS and GST Figures May Not Match Your ITR and What Taxpayers Should Do  Tax audit deadline September 30: Common mistakes taxpayers should avoid  Your ITR says ‘verified’, but the refund hasn’t arrived? 5 reasons why your money could be stuck  Missed the ITR Deadline but TDS Refund Is Due? Here’s How You Can Still Claim Your Money  ITAT Cuts ?4.85 Lakh Penalty After ?14.02 Lakh Interest Income Was Missed in ITR «  Tax and legal due diligence of target company is key... LTU scheme will reduce harassment... » Adopt a zoo animal, get tax relief October, 09th 2006 You can now adopt a lion or tiger in the Nehru Zoological Park here and get an income tax exemption. Though the zoo authorities have been making a request to organisations, business houses and individuals to adopt animals kept there, the response has been largely lukewarm. And, those who came backed out because they would get no tax exemption. That is likely to change now. "We have been issued a PAN number from the income tax department and will soon seek tax exemption for those who adopt animals in the zoo,"Nehru Zoological Park director P Bhaskar Reddy told TOI here on Saturday. The Nehru Zoological Park in the city, the Indira Gandhi Zoological Park in Visakhapatnam and Sri Venkateshwara Zoological Park in Tirupati all function under the aegis of the Zoo Authority of Andhra Pradesh, an independent authority. According to Bhaskar Reddy, a number of people and business houses had come forward to adopt animals but since there was no tax exemption offered, they did not show much interest. He said since the society has got a PAN number in September, it was now applying to the IT authorities to recognise it as a non-profitable institution. Subsequently, the accounts will be audited and a formal application for tax exemption made. As of now only the students of Bharatiya Vidya Bhavan, Jubilee hills have adopted the lion-tailed macaque and have been regularly paying for its maintenance. Zoo authorities have also worked out how much an 'adoption' could cost interested candidates. Adopting a lion or a tiger could cost Rs 1 lakh per year, Rs 10,000 for a crocodile, Rs 50,000 for a chimpanzee or Rs 10,000 for five peacocks and other birds.