CBDT fast tracks applications by trusts for Nepal earthquake

Last updated: 29 April 2015


Central Board of Direct Taxes (CBDT) Decides to Fast Track All Applications Made by Voluntary Organisations/Trusts for Rendering Help to the Victims of Earthquake in Nepal 

All Such Applications to be Processed Within Two Working Days of Receiving the Completed Applications 
 

The Central Board of Direct Taxes (CBDT) has decided to fast track all applications made by Voluntary Organisations/Trusts seeking approval u/s 11(1)(C) of the Income Tax Act, 1961 for rendering help to the victims of earthquake in Nepal. Approval under this section is required by the charitable institutions for application of their income outside India to promote international welfare. It will be the endeavor of the Department to process these applications within two working days of receiving the completed applications. The details of documents required to be submitted along with such applications have been uploaded on the website of Income Tax Department- http://www.incometaxindia.gov.in. 




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.


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