section 12a

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"xyz" a charitable institution seeking registration u/s 12aa, institution was created 2 years back, and not yet filed any ITR.

Can i termed, non filing of ITR as "any assessment proceeding for an earlier AY is pending before AO" for the porpose of section 12A.

thanks in advance
Replies (2)
Yes. The benefit of exemption can be taken retrospectively.
thanks for your immediate reply


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