03 April 2024
WE WAS TAKEN PROVISIONAL REGISTRATION ON DATED 31-08-2021 IN BOTH CASES 12A AND 80G . BOTH PROVISIONAL CERTIFICATE ARE VALIDE FOR AY 22-23 TO AY 24-25. ON DATED 03-04-2024 MY PERIOD WAS EPIRED OF PROVISIONAL CERTIFICATE. MY QUERY IS THAT WHICH FORM IS APPLICABLE I.E FORM 10A AND FORM 10AB. IF FORM 10AB IS APPLICABLE. THEN WHICH SECTION CODE IS USED FOR 12A AND 80G FINAL REGISTRATION ALONG WITH REASON IN CASE OF PROVSIONAL REGISTRATION PERIOD EXPIRED. 01-Sub clause (ii) of clause (ac) of sub -section (1) of section 12A 02-Sub clause (iii) of clause (ac) of sub-section (1) of section 12A 03-Sub clause (iv) of clause (ac) of sub -section (1) of section 12A 04-Sub clause (v) of clause (ac) of sub-section (1) of section 12A 4A-Item (B) of sub-clause (vi) of clause (ac) of sub-section (1) of section 12A 05-Clause (ii), of first proviso to clause (23C) of section 10 (for applicants covered under sub-clause (iv) of clause (23C) of section 10) 06-Clause (ii), of first proviso to clause (23C) of section 10 (for applicants covered under sub-clause (v) of clause (23C) of section 10) 07-Clause (ii), of first proviso to clause (23C) of section 10 (for applicants covered under sub-clause (vi) of clause (23C) of section 10) 08-Clause (ii), of first proviso to clause (23C) of section 10 (for applicants covered under sub-clause (via) of clause (23C) of section 10) 09-Clause (iii) of first proviso to clause (23C) of section 10 (for applicants covered under sub-clause (iv) of clause (23C) of section 10) 10-Clause (iii) of first proviso to clause (23C) of section 10 (for applicants covered under sub-clause (v) of clause (23C) of section 10) 11-Clause (iii) of first proviso to clause (23C) of section 10 (for applicants covered under sub-clause (vi) of clause (23C) of section 10) 12-Clause (iii) of first proviso to clause (23C) of section 10 (for applicants covered under sub-clause (via) of clause (23C) of section 10) 12A-Sub-clause (B) of clause (iv) of first proviso to clause (23C) of section 10( for applicants covered under sub-clause (iv) of clause (23C) of section 10) 12B-Sub-clause (B) of clause (iv) of first proviso to clause (23C) of section 10 (for applicants covered under sub-clause (v) of clause (23C) of section 10) 12C-Sub-clause (B) of clause (iv) of first proviso to clause (23C) of section 10 (for applicants covered under sub-clause (vi) of clause (23C) of section 10) 12D-Sub-clause (B) of clause (iv) of first proviso to clause (23C) of section 10 (for applicants covered under sub-clause (via) of clause (23C) of section 10) 13-Clause (ii) of first proviso to sub-section (5) of section 80G 14-Clause (iii) of first proviso to sub-section (5) of section 80G 14A-Sub-clause (B) of clause (iv) of first proviso to sub-section (5) of section 80G GUIDE ME ON ABOVE MENTIONED ISSUE
10 July 2024
Based on the information provided regarding the expiration of your provisional registration under sections 12A and 80G, here's how you can proceed with the final registration using Form 10AB:
1. **Form 10AB**: - Form 10AB is used for applying for registration under sections 12A (tax exemption for charitable trusts) and 80G (deduction for donations) of the Income Tax Act, 1961, after the expiration of the provisional registration period. - This form consolidates the application process for both registrations into a single form.
2. **Section Code Selection**: - Since your case involves applying for final registration after the expiration of the provisional certificate, you need to select the appropriate section codes in Form 10AB. Here’s how you should select them: - **For Section 12A**: - You should select the relevant sub-clause based on the nature of your organization. The sub-clauses typically refer to different categories under which exemptions are provided. Choose the one that best describes your entity. - **For Section 80G**: - Similar to Section 12A, choose the appropriate clause that corresponds to the type of donations for which you wish to provide tax deductions to your donors.
3. **Reason for Application**: - When filling out Form 10AB, you need to provide a reason for applying for final registration after the expiration of the provisional certificate. The reasons typically include the expiration of the provisional certificate period or other specific grounds as per the Income Tax rules.
4. **Consultation and Verification**: - It’s advisable to consult with a qualified Chartered Accountant (CA) or Tax Consultant who can guide you through the specific details and ensure compliance with the Income Tax rules. - Verify the correct section codes and reasons with your CA to accurately complete Form 10AB.
5. **Submission and Documentation**: - Ensure all required documents and information are submitted along with Form 10AB. This may include financial statements, details of activities, audit reports, and other relevant documents as required by the Income Tax Department.
By following these steps and selecting the appropriate section codes in Form 10AB, you can apply for final registration under sections 12A and 80G after the expiration of your provisional registration period. Always ensure compliance with the latest guidelines and consult with professionals for accurate advice tailored to your specific situation.
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