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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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where a trust or an institution has been granted registration u/s 12AA or has obtained registration at any time u/s 12A and, subsequently, it has adopted or undertaken modifications of the objects which do not conform to the conditions of registration, in the prescribed form and manner, within a period of thirty days from the date of said adoption or modification, to the Principal Commissioner or Commissioner and such trust or institution is registered u/s 12AA [ Inserted by FA, 2017, w.e.f.1-4 .....

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dance with the provisions of sub-section (4A) of section 139, within the time allowed under that section [ Inserted by FA, 2017, w.e.f.1-4-2018] APPLICABILITY TO 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 registrat .....

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