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Trust registration for claiming exemption u/s 11 and 12
The assessee had not obtained registration u/s 12AB for the AY 2022-23 and hasn't obtained registration even till now. It's entire exemption claimed in the ITR has been disallowed. Is there any remedy available to the assessee where it can claim exemption u/s 11 and 12 for the AY 2022-23, 2023-24 and onwards?
Replies (2)
No , You have to take registration in order to claim exemption in future from F.Y 23-24 . earlier years you Can not claim without registration. Take others opinion as well.
First reason for disallowance of this section
try to mitigate it.
try to mitigate it.
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