Form 56, previously used for exemption under Section 10(23C)(iv), has been omitted by the Income-tax (Sixth Amendment) Rules, 2021, effective from April 1, 2021. Applications for approval under this section must now be submitted using Form 10A or Form 10AB. If you encounter issues, consider raising a grievance on the IT portal.
24 July 2021
The Form 56 has been omitted by the Income-tax (Sixth Amendment) Rules, 2021, w.e.f. 1-4-2021. Now, the application for approval under Section 10(23C) has to be made in Form 10A/10AB.