Sec. 80G
This query is : Resolved
10 December 2009
As per the Finance (No.2) Act, 2009, Clause (vi) of Sec. 80G(5) has been omitted wef 1-10-2009
As per my understanding,trust whose Sec. 80G exemption renewal falls after 1.10.2009 need not file for renewal. Existing approval shall be deemed to be continued in perpetuity unless specifically withdrawn
Please confirm whether my understanding is correct or we need to submit some documents for this approval.
As per the Finance (No.2) Act, 2009, Clause (vi) of Sec. 80G(5) has been omitted wef 1-10-2009
As per my understanding,trust whose Sec. 80G exemption renewal falls after 1.10.2009 need not file for renewal. Existing approval shall be deemed to be continued in perpetuity unless specifically withdrawn
Please confirm whether my understanding is correct or we need to submit some documents for this approval.
10 December 2009
Yes. If 80G Exemption renewla falls after 1.10.2009 then existing approval shall be deemed to be continued
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