To apply for 80G exemption

This query is : Resolved

Gopalakrishnan. S (Querist)
Follow

09 June 2020 Sir,

A trust, which has been registered in April 2019 and involved in social activities likes to apply for
80G exemption with the Income tax department for the donations it may receive in future.

We came to know that, preceding 3 years' IT return is essential to apply for 80G exemption. Is
it true ? And if so, is there any other alternative for this trust, which is merely a year old, to apply for this exemption.

Kindly advice.

With Regards.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

09 June 2020 Not true, as per recent amendment apply now. Approval shall be granted provisionally for a period 3 years from the assessment year from which the registration is sought.

Gopalakrishnan. S

Gopalakrishnan. S (Querist)
Follow

10 June 2020 Sir, Thank you very much.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

10 June 2020 Welcome................

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

SARAVANAN PALANISAMY

Vishnu Agarwal

SHUBHANGI GOEL

Shivchandra Jakhotia

CA Lalit Kumar Agrawal

Subscribe Now

To apply for 80G exemption

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA