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Section 12AB

Latest Articles


Renting of commercial property – A crazy puzzle under GST!!

Goods and Services Tax : The 54th GST Council recommends RCM for renting of commercial property by unregistered persons to registered entities, raising var...

September 29, 2024 21246 Views 0 comment Print

Section 12,12A, 12AA, 12AB: Analysis, Registration Procedure, Exemption & FAQs

Income Tax : Understand the income of trusts or institutions, including registration, exemptions, and FAQs. Learn about Sections 12A, 12AA, and...

June 7, 2024 9957 Views 0 comment Print

Issues of section 12AB Registration to General Public Utility Organisation

Income Tax : Explore the intricacies of Section 12AB registration for General Public Utility (GPU) organizations under the Income Tax Act. Lear...

March 23, 2024 1761 Views 0 comment Print

Tax Planning Through Gift

Income Tax : Explore the nuances of Gift Tax under the Income Tax Act, exemptions, and its impact on recipients. Learn about tax planning throu...

February 2, 2024 2832 Views 0 comment Print

Assessment of Charitable and Religious Trusts and Institutions

Income Tax : Analyzing the complexities of non-profit sectors globally, this guide on Assessment of Charitable and Religious Trusts and Institu...

February 2, 2024 10017 Views 0 comment Print


Latest News


Timelines for Trusts & Funds Seeking Tax Exemption & Approval: Section 12AB & 80G

Income Tax : Learn about the updated timelines for processing applications by trusts, funds, and institutions seeking tax exemption under secti...

July 24, 2024 558 Views 0 comment Print

Budget 2024: Condonation of Delay for Trusts & Institutions’ Registration Applications

Income Tax : Understand amendments to trust registration timelines under Income-tax Act section 12A. Learn how delays can be condoned by the Co...

July 23, 2024 387 Views 0 comment Print

Representation on Incorrect/Delay In Submitting Application U/S 12A(1)(ac)

CA, CS, CMA : Explore the challenges faced by Charitable Trusts due to delays or errors in submitting applications under Section 12A(1)(ac) of t...

April 8, 2024 9963 Views 1 comment Print

Ambiguity of Trust provisions under Income Tax Act: CAAS Surat Raises Concerns

CA, CS, CMA : Explore the ambiguity of Trust provisions under the Income Tax Act highlighted by Chartered Accountants Association Surat (CAAS). ...

January 6, 2024 9405 Views 0 comment Print

Request to relax confusion created in new registration regime for charitable organizations

Income Tax : Karnataka State Chartered Accountants Association made a representation on 31.10.2022 to Minister of Finance Smt. Nirmala Sitharam...

November 3, 2022 7149 Views 1 comment Print


Latest Judiciary


Section 13(1)(b) applies at assessment stage; Section 12AB registration allowed

Income Tax : ITAT Ahmedabad allows registration under section 12AB, clarifying that section 13(1)(b) applies only at the assessment stage....

October 29, 2024 3261 Views 0 comment Print

ITAT allows Appeal Withdrawal as Fresh Section 12AB Registration Application Filed  

Income Tax : ITAT Ahmedabad dismisses Yug Nirman Gayatri Parivar Trust's appeal for 12A registration after withdrawal due to fresh application ...

October 27, 2024 117 Views 0 comment Print

Applicability of section 13 during registration stage u/s. 12A unjustified: ITAT Ahmedabad

Income Tax : ITAT Ahmedabad held that the applicability of Section 13 of the Income Tax Act should only be examined during assessment and not a...

October 15, 2024 201 Views 0 comment Print

Misdelivered Notice: Bombay HC Overturns Trust Registration Cancellation

Income Tax : Bombay HC quashes trust registration cancellation for Little Sisters of the Poor Sawantwadi due to misdelivery of notice to incorr...

October 6, 2024 168 Views 0 comment Print

Filing of Form 10B only directory and not mandatory: ITAT Bangalore

Income Tax : ITAT Bangalore held that filing of form 10B is only directory and the same is not mandatory. Hence denial of exemption under secti...

September 20, 2024 834 Views 0 comment Print


Latest Notifications


CBDT Extends Deadline for Trusts to Submit Audit Reports in Form 10B/10BB

Income Tax : CBDT extends deadline for trusts and institutions to submit audit reports in Form 10B/10BB until November 10, 2024....

October 7, 2024 11031 Views 0 comment Print

Clarification regarding Form No 10AC issued till the date of this Circular

Income Tax : PCIT or CIT can examine if there is any specified violation by the trust or institution registered or provisionally registered und...

June 3, 2022 16761 Views 0 comment Print

CBDT notifies New Income Tax Rules & Forms for Trust & NPOs

Income Tax : CBDT issues Notification no. 19/2021 dated 26/03/2021 pertaining to procedure for registration of fund/ trust/charitable instituti...

March 26, 2021 127959 Views 1 comment Print


Filing of Form 10B is a procedural requirement & should not negate substantive claim of exemption

August 19, 2024 690 Views 0 comment Print

Delhi ITAT rules that the requirement of filing Form 10B is procedural, allowing Section 11 exemption for an educational trust despite delayed filing.

Secretary Resignation: ITAT Hyderabad Orders Reconsideration of Section 12AB Application

August 19, 2024 117 Views 0 comment Print

ITAT Hyderabad directs CIT(E) to reconsider Idam Braahmam Society’s 12AB registration application after secretary’s resignation caused missed notice.

Inadequate Document Verification: ITAT Remands Trust Matter to CIT(E) for Reconsideration

August 19, 2024 102 Views 0 comment Print

ITAT Ahmedabad remands the Vidhyanagar Jain Society’s registration case to CIT(E) for reconsideration due to non-submission of documents and unavoidable delays.

Stay Application Against Trust Registration Cancellation Rejected: Irreparable Loss Not Proven, ITAT Delhi

August 18, 2024 201 Views 0 comment Print

n Legal Initiative For Forest And Environment (LIFE Trust) Vs PCIT (ITAT Delhi), the stay application was denied as the test for irreparable loss was not met.

Timelines for Trusts & Funds Seeking Tax Exemption & Approval: Section 12AB & 80G

July 24, 2024 558 Views 0 comment Print

Learn about the updated timelines for processing applications by trusts, funds, and institutions seeking tax exemption under section 12AB or approval under section 80G, effective from October 2024.

Budget 2024: Condonation of Delay for Trusts & Institutions’ Registration Applications

July 23, 2024 387 Views 0 comment Print

Understand amendments to trust registration timelines under Income-tax Act section 12A. Learn how delays can be condoned by the Commissioner to avoid tax implications. Effective from October 2024.

CIT(E) Rejects S.12AB Application without Sufficient Opportunity: ITAT Orders Re-adjudication

July 15, 2024 255 Views 0 comment Print

Read the detailed ITAT Raipur order on rejection of S.12AB application under Income Tax Act, directing re-adjudication by CIT(E). Full analysis provided.

ITAT Kolkata Grants section 80G(5)(iii) registration to Income Tax Bar Association

June 16, 2024 570 Views 0 comment Print

ITAT Kolkata grants exemption registration to Income Tax Bar Association Calcutta, overturning CIT’s decision. Read the full details of the tribunal’s order here.

ITAT quashes order rejecting Section 80G registration application (Form 10AB)

June 15, 2024 834 Views 0 comment Print

CBDT extends Form 10AB filing to 30.06.2024. ITAT Chennai rules in favor of Earth Trust, setting aside CIT(E) order canceling registration u/s 12AB.

Temporary donations to other charitable entities did not violate spirit of Section 11

June 13, 2024 522 Views 0 comment Print

Delhi High Court allows exemptions on temporary donations by one charitable trust to another. Understand the implications and full judgment of this landmark case.

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