Section 12A(1)AC


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An assessee trust received provisional registration under Section 12A for AY 2022-23 to 2024-25. They were required to file for final registration in Form 10AB at least six months before expiry, meaning by 30.09.2024. However, the application was filed on 25.02.2025, leading to proceedings under Section 12A(1)(ac)(iii). The trust, which began activities in 2005, is now seeking to know if they can file for condonation of the late filing with the CIT Exemptions.

(Querist)
19 July 2025 Sir
The Assessee trust got the provisional registeration U/s 12A from AY 2022-23 to 2024-25, for final registeration he will have file application in Form 10AB at least six months prior to expirary of the said period. In this case before 30.09.2024. The assessee filed the application in form 10AB on 25.02.2025. Now the proceedings U/s 12A(1)(ac)iii is going on. Now can he file condonation before CIT Exemptions.

20 July 2025 when did they start their activities?

RAJESH GUPTA (Querist)
21 July 2025 The tust is a old trust and they have started their activities In the year 2005.


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