Please Help: income tax
Posted Date : 13-Aug-2012 , 09:34:13 pm | Posted By CA Sagar saraswat
can a newly registered trust also be registered for 12aa trust? is there any requirement for 3 years old trust for 12aa exemption
Category : Income Tax | Answers : 1 | Comments : 2 | Hits : 132
Answers
Answer By: saurabh goyal
SAGAR IN MY OPINION THERE IS NO LIMIT OF 3 YEARS FOR REGISTRATION AND GETTING EXEMPTION UNDER SECTION 12BB. FURTHER REGISTRATION UNDER SECTION 12 BB IS VOLUNTARY AND THERE IS NO COMPULSION BUT IT WILL GIVE U BENEFIT OF RELIEF FROM INCOME TAX.
Comments
varun kondel
15-Aug-2012 , 10:15:12 amu can apply for fresh case also.
varun kondel
15-Aug-2012 , 10:15:48 amu can apply for fresh case also.