This discussion clarifies the process for renewing a trust's registration under the new Section 12AB of the Income Tax Act. It addresses which specific form is required for renewal and whether it's necessary to await a notice from the IT department before filing. The query also seeks information on any alternative methods for this renewal process.
05 November 2020
What is the procedure to renewal of trust registration under the new provisions of income tax u/s 12AB. 1. Which is the form i need to file for renewal? 2. Whether i have to wait for the IT department notice, then only i need to file. confirm. 3. Please update if any other method is available.