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Form 10A Filing

Sowmith (Chartered Accountant) (215 Points)

31 July 2021  

Whether Form 10A for Sec. 12 or Sec. 10(23)c exemption is available in the New Income Tax Portal?

 1 Replies

prasad Nilugal (3859 Points)
Replied 01 August 2021

As per amendment in Budget 2020 , all existing trust registered under section 12A , 12,AA, 10(23) , and 80G of the Income tax act , has to take mandatory fresh registration as per newly inserted section , section 12AB of Income tax act to claim exemption under section 10 and 11 of the Income tax act 1961.

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