banner_ad

INCOME TAX - u/s 12a(a)

This query is : Resolved 

08 August 2007 I am working in a Educational institution registered under 12A(a) of IT act. All the amounts in excess 15% of income are invested as per sec 11 and 12 of IT act and used for the purpose for which the institue is established. I would like to know whether this registration is enough to claim income tax exemption or is there any specific certificate to be obtained for tax exemption. please clarify.

08 August 2007 After the allotment of registration a number is issued to the trust and a copy of certificate is given. This copy ofcertificate along wth return is quoted on the returns while filling the returns.
but now with the change in forms i.e Annexure Less forms the number will be quoted in the return but the copy of certificate will only be produced if asked for.

On the basis of that number the exemption is claimed


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
01 May 2026
Chartered Accountant

Agrawal Jain & Co.

Raipur

CA

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
07 May 2026
CA Assistant

amit desai and co

Mumbai

CA Final

View Details