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Related to exemption u/s. 80g

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(Querist)
11 August 2012 If a trust is having exemption under section 80G and it's exemption is going to expire then whether it is necessary to renew the exemption u/s. 80G ?
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CA Prashant Gupta

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CA Prashant Gupta (Expert)
11 August 2012 Yes, it is necessary. otherwise people who donate in it will not get deduction.
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Shivank

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Shivank (Querist)
16 August 2012 Sir,Thanks for answering but although after posting my query i researched & found that we neednot to renew it again as clearly written in circular 7/2010 of income tax....
But although thanks for answering.
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