Trust Registration PROVISIONAL TO PERMANENT

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A trust received provisional registration under Section 12AB on 31 March 2023, having started operations on 1 February 2023. The deadline to apply for permanent registration was six months from the commencement of working, which was 31 July 2023. The user missed this deadline and is seeking guidance on remedies and consequences, with advice to apply for permanent registration immediately.

PARAS CHHAJED

PARAS CHHAJED

(Querist)

08 September 2023 A trust was registered u/s 12AB of the Income Tax Act vide provisional certificate issued on 31.03.2023. The trust commenced working on 01.02.2023. Now the trust has to apply for permanent registration. What is the last date by which the trust must apply for permanent registration. Please guide. Thanks

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

08 September 2023 It's 6 months from the date of commencement of working.

PARAS CHHAJED

PARAS CHHAJED

(Querist)

08 September 2023 The trust was required to apply for re-registration by 31.07.2023 as its working started on 01.02.2023. What are the remedies now ? What are the consequences ? Kindly enlighten.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

09 September 2023 Any how apply now for permanent registration.

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