A trust or society wishes to surrender its 12A and 80G registrations as it has ceased operations. They are seeking to know if there's a formal process to surrender these registrations and consequently stop filing the mandatory ITR-7. The registrations are currently valid and up-to-date.
10 March 2025
One of the Trust/society wants to surrender its 12A registration and 80G registration due to no work. It is filing regular ITR-7 from last several years.
is there any option under the Act to voluntarily surrender the registration so that no ITR needs to filed ?