Trust Registration under section 12AB for final registration

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This discussion clarifies the deadline for applying for final registration under Section 12AB of the Income Tax Act. The application must be made within six months of provisional registration or six months before its expiry, whichever is earlier. If this deadline is missed, and the extended date of 30th September 2023 has passed, a potential remedy involves shifting the commencement date of activities and reapplying.

Nikul Vora

Nikul Vora (Querist)
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04 November 2023 Is it compulsory to make an application for final registration under section 12AB of the Income Tax Act within 6 months from the date of provisional registration? If the application is not made within 6 months what would be the consequence?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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05 November 2023 The time limit for final registration is 6 months prior to the expiry date of the provisional registration; or Within 6 months of the commencement of its activities; Whichever is earlier.

Nikul Vora

Nikul Vora (Querist)
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05 November 2023 Thank you very much for your reply. In one of the my trust we fails to applied within 6 month. Is there any remedy?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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05 November 2023 Extended date for delayed application is over by 30th September 2023.
So shift commencement date and apply.

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