12 AB Hearing
This query is : Resolved
20 August 2023
We had registered for 12AB Registration in connection with which we were called for hearing by issuing hearing notice seeking to explain whether constitution of our institution provide certain claus ,the hearing notice specified that"If yes,please quote the relevent clauses of the constitution/trust/memorandum of Association/Bye laws of the institution .If no ,please cure the above defects and file the relevent document on or before the date of hearing." please let us know how to cure the defects and what has to be done for it.
06 July 2024
To address the issues raised in the hearing notice regarding your institution’s 12AB registration application, follow these steps to potentially cure the defects:
Steps to Cure Defects in 12AB Registration Application:
1. Review the Hearing Notice:
• Carefully read the hearing notice to understand the specific defects or requirements mentioned by the authorities.
2. Identify Defects:
• Identify which clauses or provisions in your institution’s constitution, trust deed, memorandum of association (MOA), or bylaws need clarification or amendment as per the notice.
3. Amend or Provide Clarifications:
• If the notice specifies missing clauses or incorrect provisions:
• a. Amend the Documents: Update your institution’s constitution, trust deed, MOA, or bylaws to include the required clauses or provisions, if applicable.
• b. Provide Clarifications: If the defects are related to interpretation or understanding of existing clauses, provide detailed explanations or clarifications.
4. Document Preparation:
• Prepare the amended or supplementary documents clearly showing the changes or additions made to address the defects mentioned in the hearing notice.
5. Submission:
• Submit the amended or supplementary documents along with a cover letter or response to the hearing notice. Ensure all required documents are properly signed, stamped, and dated.
6. Compliance with Timeline:
• Submit the documents on or before the date specified in the hearing notice to comply with the regulatory requirements.
7. Follow-Up:
• After submission, follow up with the concerned authority or department to ensure that your submissions are received and processed accordingly.
Steps to Cure Defects in 12AB Registration Application:
1. Review the Hearing Notice:
• Carefully read the hearing notice to understand the specific defects or requirements mentioned by the authorities.
2. Identify Defects:
• Identify which clauses or provisions in your institution’s constitution, trust deed, memorandum of association (MOA), or bylaws need clarification or amendment as per the notice.
3. Amend or Provide Clarifications:
• If the notice specifies missing clauses or incorrect provisions:
• a. Amend the Documents: Update your institution’s constitution, trust deed, MOA, or bylaws to include the required clauses or provisions, if applicable.
• b. Provide Clarifications: If the defects are related to interpretation or understanding of existing clauses, provide detailed explanations or clarifications.
4. Document Preparation:
• Prepare the amended or supplementary documents clearly showing the changes or additions made to address the defects mentioned in the hearing notice.
5. Submission:
• Submit the amended or supplementary documents along with a cover letter or response to the hearing notice. Ensure all required documents are properly signed, stamped, and dated.
6. Compliance with Timeline:
• Submit the documents on or before the date specified in the hearing notice to comply with the regulatory requirements.
7. Follow-Up:
• After submission, follow up with the concerned authority or department to ensure that your submissions are received and processed accordingly.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Treatment of Pension ?annuity returns on PMVY
- Soyabean hsn code and gst rate
- Regarding IMS Mandatory from 1st July 2026
- GSTR-4 Annual Return ! Pending Returns for F.Y. 20-21 to 22-23
- TDS on payment to CHA as per new section
- Sale of Forign Shares
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
