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Section 12A - Conditions for applicability of sections 11 & 12

Income Tax - Charitable, Religious, Educational Trust or Institutions or Organizations and Political Parties - 10 - SEC - 12A: CONDITIONS FOR APPLICABILITY OF SECTIONS 11 & 12 The income of a Charitable or religious trust is exempt under section 11 and 12 if the following conditions are satisfied - the person in receipt of the income has made an application for registration of the trust to the commissioner and such trust is registered under section 12AA. The provisions of section 11 & 12 .....

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EARLIER YEARS OF THE REGISTRATION GRANTED TO A TRUST OR INSTITUTION The provisions of section 12A of the Act provide that a trust or an institution can claim exemption under sections 11 and 12 only after registration under section 12AA has been granted. The registration shall be effective only prospectively. Non-application of registration for the period prior to the year of registration causes genuine hardship to charitable organisations. In order to provide relief to such trusts and remove ha .....

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