Section 11, religious trust, form 10ac registration
This query is : Resolved
11 January 2023
assessee is a section 11 100% religious trust since 20+ years claiming full exemption u/s. 11
referring to re-registration , form 10ac is issued stating effective year ast.22-23 onwards, whereas 10a was filed in june 21 stating asst. 20-21.
i feel there is error by department writing effective asst. year 22-23 whereas it should be effective from asst.20-21 or atleast sst.2122.
am i wrong? or is 10ac applicable only from asst.2223 for 5 years till astt.2627?
referring to re-registration , form 10ac is issued stating effective year ast.22-23 onwards, whereas 10a was filed in june 21 stating asst. 20-21.
i feel there is error by department writing effective asst. year 22-23 whereas it should be effective from asst.20-21 or atleast sst.2122.
am i wrong? or is 10ac applicable only from asst.2223 for 5 years till astt.2627?
CA R SEETHARAMAN
(Expert)
12 January 2023
10ac applicable from asst.22-23 for 5 years till astt.26-27 for already registered trust.
Old registration applicable for earlier years.
Old registration applicable for earlier years.
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