SECTION 12A – CONDITIONS AS TO REGISTRATION OF TRUSTS

170.  Time for filing of applications for registration by charitable and religious trusts – Extended up to August 1973

1. All charitable and religious trusts, which desire to avail of the benefits of tax exemption under sections 11 and 12 are, inter alia, required to file under section 12A(a) an application in the prescribed form for registration of the trust before the Commissioner of Income-tax by July 1, 1973 or one year from the date of creation of the trust, whichever is later.  A copy of the Press Note is enclosed [Annex].

2. I am directed to state that the time for filing of such applications has been extended until August 15, 1973 or one year from the date of creation of the trust, whichever is later.

3. The Board desire that wherever requests have been received for extension of time for filing of application under section 12A, the Commissioners of Income-tax may allow time till August 15, 1973 in all cases.  Requests for extension of time to file applications beyond August 15, 1973 may be considered on merits.

Circular : No. 115 [F. No. 180/21/73-IT(A-I)], dated 30-6-1973.

ANNEX – PRESS NOTE REFERRED TO IN CLARIFICATION

The time for filing applications for registration by charitable and religious trust has been extended until August 15, 1973, or one year from the date of creation of the trust, whichever is later.  The time limit originally fixed was July 1.

All charitable and religious trusts, which wish to take advantage of the benefits of tax exemption under sections 11 and 12, are required, among other things, to file an application for registration before the Commissioner of Income-tax.  For prescribed application forms or any other assistance they can contact the Income-tax Officer or the Public Relations Officer.

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