TMI BlogProcedure for fresh registration - Section 12ABX X X X Extracts X X X X X X X X Extracts X X X X ..... a period of 5 years (in case I of Requirement of obtaining registration Table ) ; The Principal Commissioner or Commissioner, on receipt of an application shall pass an order for provisionally registering the trust or institution for a period of 3 years (in case I of Requirement of obtaining registration Table ); The Principal Commissioner or Commissioner, on receipt of an application shall (in ca ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... order in writing rejecting such application and also cancelling its registration after affording a reasonable opportunity of being heard; [ substituted by FA 2023 ] (B) if he is not so satisfied, pass an order in writing, (I) in a case referred to in sub-clause (ii) or sub-clause (iii) or sub-clause (v) of clause (ac) of section 12A(1) rejecting such application and also cancelling its registratio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ly : - The CIT/PCIT noticed occurrence of specified violation during any PY The CIT/PCIT has received a reference from the AO under 2 nd Proviso of section 143(3) for any PY; or Case has been selected as per risk management strategy of CBDT, for any PY; Then the CIT/PCIT shall (i) Call for such documents or information, or make such inquiry as he thinks necessary, (ii) If he is satisfied that spec ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ice is issued by the Principal Commissioner or Commissioner, on or after the 1st day of April, 2022, calling for any document or information, or for making any inquiry, under clause (i) of sub-section 12AB(4). Specified Violations means Where any income has been applied, other than for the objects of the trust; or Where trust has income from business which is not incidental to the attainment of it ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
