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12A re registration

Joydeep De (46 Points)

27 April 2021

Is their any notification from income tax for 12A re registration must before 30/06/2021?

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Lotus Agrawal (Practice) (1361 Points)
Replied 27 April 2021

As per section 12A(1)(ac), application for renewal of existing registration shall be made within 3 months from 1st april 2021. Till date there is no extension for the same.

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Joydeep De (46 Points)
Replied 28 April 2021

12A (1)(ac) means?

Lotus Agrawal (Practice) (1361 Points)
Replied 28 April 2021

This is the section of Income Tax Act 1961 which provides the provisions regarding fresh registration of existing trust/institutions. It is read as section 12A sub section (1) clause (ac).

Joydeep De (46 Points)
Replied 28 April 2021

Which document should be produced for renewal 12A?

Lotus Agrawal (Practice) (1361 Points)
Replied 28 April 2021

1. Copy of regn certificate issued by registrar of companies/firms/societies/Trust as applicable.

2. Existing regn certificate under 12A.

3. copy of annual accounts (eg. Balance sheet, Income Expenditure account, Income tax return etc.) for preceding 3 years.

4. Note on the activities of the trust/institution.

5. Documents evidencing adoption/modification of object.