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12A re registration

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Joydeep De

46 Points Posted on 27 April 2021

Is their any notification from income tax for 12A re registration must before 30/06/2021?

Replies (7)

Quick Summary

This discussion clarifies the deadline for 12A re-registration under section 12A(1)(ac) of the Income Tax Act, 1961, which was initially set for 3 months from April 1st, 2021, with no extension announced. It also details the essential documents required for the renewal process, including registration certificates, financial statements for the past three years, and notes on the institution's activities.

Lotus Agrawal

Practice

1361 Points Posted on 27 April 2021

As per section 12A(1)(ac), application for renewal of existing registration shall be made within 3 months from 1st april 2021. Till date there is no extension for the same.

Joydeep De

46 Points Posted on 28 April 2021

12A (1)(ac) means?

Lotus Agrawal

Practice

1361 Points Posted on 28 April 2021

This is the section of Income Tax Act 1961 which provides the provisions regarding fresh registration of existing trust/institutions. It is read as section 12A sub section (1) clause (ac).

Joydeep De

46 Points Posted on 28 April 2021

Which document should be produced for renewal 12A?

Lotus Agrawal

Practice

1361 Points Posted on 28 April 2021

1. Copy of regn certificate issued by registrar of companies/firms/societies/Trust as applicable.

2. Existing regn certificate under 12A.

3. copy of annual accounts (eg. Balance sheet, Income Expenditure account, Income tax return etc.) for preceding 3 years.

4. Note on the activities of the trust/institution.

5. Documents evidencing adoption/modification of object.