RENEWAL OF REGISTRATION UNDER 12A -RELIGIOUS AND CHARITABLE INSTITUTE
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31 August 2021
Dear Sir/Madam,
Kindly clarify my doubt regarding the below query:
Renewal of Registration under 12A for Religious and Charitable institution which forms do we need to fill up in income Tax portal 2.0?
FORM 10A OR FORM 10AB?
Kindly clarify my doubt regarding the below query:
Renewal of Registration under 12A for Religious and Charitable institution which forms do we need to fill up in income Tax portal 2.0?
FORM 10A OR FORM 10AB?
31 August 2021
Depends on the conditions per section 12A(1) (ac) (i) to (vi)
31 August 2021
Thank you for your prompt response sir.
Sir i went through the sections which you have mentioned above ,kindly confirm whether what i understood from the sections is correct or not -
1.Registration as per 12AB then Form 10AB is applicable and if as per 12AA then Form 10A required.
2.Form 10A is applicable for both fresh registration under sec 12A and renewal of it after a period of 5 years
Sir i went through the sections which you have mentioned above ,kindly confirm whether what i understood from the sections is correct or not -
1.Registration as per 12AB then Form 10AB is applicable and if as per 12AA then Form 10A required.
2.Form 10A is applicable for both fresh registration under sec 12A and renewal of it after a period of 5 years
31 August 2021
Form 10 A needs to be filed by the Following persons:-
First-time Application for revalidation of registration/approval for existing organizations registered/approved under section 12A/12AA/10(23C)/80G and same needs to be apply from 1-4-2021 to 30-06-2021 to keep Continue your Registration for Next 5 years.
Application for provisional registrations/approval under section 12AB/10(23C)/ 80G and same needs to filed 1 month before the commencement of the previous year from which the said approval is sought.
While Form 10AB need to be filed by Following :
The Income Tax (6th Amendment) Rules, 2021 have notified Form 10AB for making application for registration or approval.
1. Who can apply in Form 10AB?
Form 10AB shall be used for the following purposes:
Conversion of provisional registration into regular registration
Renewal of registration/approval after five years
Activating inoperative registration under section 10(23C)/10(46)
Re-registration for modification of objects for entities registered u/s 12.
Due Dates to Apply in Form 10AB
1. Conversion of provisional registration into regular registration : Before 6 Months of Expiry or 6 Months from commencement of activities whichever is earlier.
2. Renewal of registration/approval after five year : Before 6 Months of Expiry
3. Re-registration for modification of objects for entities registered under section 12AB : Within 30 Days from such modification.
First-time Application for revalidation of registration/approval for existing organizations registered/approved under section 12A/12AA/10(23C)/80G and same needs to be apply from 1-4-2021 to 30-06-2021 to keep Continue your Registration for Next 5 years.
Application for provisional registrations/approval under section 12AB/10(23C)/ 80G and same needs to filed 1 month before the commencement of the previous year from which the said approval is sought.
While Form 10AB need to be filed by Following :
The Income Tax (6th Amendment) Rules, 2021 have notified Form 10AB for making application for registration or approval.
1. Who can apply in Form 10AB?
Form 10AB shall be used for the following purposes:
Conversion of provisional registration into regular registration
Renewal of registration/approval after five years
Activating inoperative registration under section 10(23C)/10(46)
Re-registration for modification of objects for entities registered u/s 12.
Due Dates to Apply in Form 10AB
1. Conversion of provisional registration into regular registration : Before 6 Months of Expiry or 6 Months from commencement of activities whichever is earlier.
2. Renewal of registration/approval after five year : Before 6 Months of Expiry
3. Re-registration for modification of objects for entities registered under section 12AB : Within 30 Days from such modification.
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01 September 2021
30-06-2021 mentioned in para 1 above is extended to 31-03-2022 per Circular 16/2021.
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01 September 2021
B.Chackrapani Sir and R Seetharaman Sir thank you so much for replying to my queries and clarifying my doubt.
01 September 2021
You are welcome...........
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