03 June 2023
I applied for 12A registration of a trust under the new scheme in Form 10A and got provisionally registered. Then I applied for permanent registration of the said trust in Form 10AB. After the respective proceedings by the department, our application for permanent registration was cancelled. But the certificate of provisional registration is still available in the assesse's portal. When I tried to submit a fresh application I couldn't select the section code citing the reason that there is already a valid form submission. Kindly guide me through the next step and also regarding the validity of provisional registration since the application for permanent registration was rejected.
06 July 2024
Until formally revoked, provisional registration under section 12A typically remains valid. This allows the trust to continue its operations and enjoy tax exemptions under the provisional status.
CAclubindia
