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Q. > Please Help: 12A and 80G related query
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404 views • Question added Feb 04, 2017 • Income Tax • By Rohit Baweja , CA , Ludhiana


sir i have following queries
1. public trust has been created on sep 2016 , should we have to wait to close the f/y 2016-17 to apply for 12A and 80G or it can be apply before closing of f/y 2016-17
2. can we apply 12a and 80g simuntanously?
3 is it necessary to receive donation and their usage before applyng for 80g and 12a?

regards

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MAHESH JALAN

09-Feb-2017 , 08:11:11 pm

1. U can apply before ending. 2.yes,u can apply simultaneously 3.No need...Donation received before having certificate will not qualify for tax exemption If u require further clarification contact at 9930639811

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