Income Tax Relaxation: 10 Year Registration for Trusts with Income Below Rs 5 Crore

Last updated: 05 February 2025 Follow on Google News

Period of registration of smaller trusts or institutions Section 12AB provides registration of trust or institution for a period of 5 years or provisional registration (where activities have not commenced at the time of filing application for registration) for a period of 3 years. At the expiry of

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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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