Re-registration u/s 12A on Amendment of charitable objects
The Central Board
of Direct Taxes (CBDT) has Issued Notification regarding re-registration under
section 12A by Charitable trusts and institutions after amendment of objects
of Direct Taxes (CBDT) has Issued Notification regarding re-registration under
section 12A by Charitable trusts and institutions after amendment of objects
Vide Finance Act,
2017, a new clause (ab) was inserted in sub-section (1) of section 12A of the
Income-tax Act, 1961 to the effect that where a trust or an institution, which
has been granted registration under sections 12A or 12AA of the Act has
subsequently adopted or undertaken modification of the objects and such
modification does not conform to the conditions of such registration, then such
trust or institution shall be required to obtain registration again by making
an application within a period of thirty days from the date of such adoption or
modification of the objects.
2017, a new clause (ab) was inserted in sub-section (1) of section 12A of the
Income-tax Act, 1961 to the effect that where a trust or an institution, which
has been granted registration under sections 12A or 12AA of the Act has
subsequently adopted or undertaken modification of the objects and such
modification does not conform to the conditions of such registration, then such
trust or institution shall be required to obtain registration again by making
an application within a period of thirty days from the date of such adoption or
modification of the objects.
The CBDT has
issued a draft notification to amend Rule 17A and Form 10A and has invited
comments from stakeholders and the general public.
issued a draft notification to amend Rule 17A and Form 10A and has invited
comments from stakeholders and the general public.
Click on the
following two links to read CBDT’s Draft Notification of amendment of Rule 17A
and Form 10A of the Income-tax Rules, 1962 and inviting comments and
suggestions thereof:
following two links to read CBDT’s Draft Notification of amendment of Rule 17A
and Form 10A of the Income-tax Rules, 1962 and inviting comments and
suggestions thereof:
&
CBDT has invited
comments and suggestions of stakeholders and general public on the above draft
notification which may be sent electronically by 27th October, 2017
at: dirtpl1@nic.in
comments and suggestions of stakeholders and general public on the above draft
notification which may be sent electronically by 27th October, 2017
at: dirtpl1@nic.in