Income Tax

CBDT amends Form No. 10A & Form 10AB for provisional registration of charitable trusts

CBDT amends Form No. 10A and Form 10AB for provisional registration of charitable trusts. This amendment is effective from 1st day of October, 2024.

CBDT amends Form No. 10A for provisional registration of charitable trusts. CBDT Notification No. 111/2024 dated 15.10.2024 notified the Income-tax Amendment (Seventh Amendment) Rules, 2024 w.e.f. 01.10.2024.

In Form No. 10A the verification part has been substituted as under

Existing Verification

Substituted Verification

I________________, son/daughter of ________________, hereby declare that the details given in the form are true and correct to the best of my knowledge and belief.

I undertake to communicate forth with any alteration in the terms of the trust/society/non-profit company, or in the rules governing the Institution, made at any time hereafter. I further declare that I am filing this form in my capacity as __________ (designation) having permanent account number (PAN) ________________ and that I am competent to file this form and verify it

“I ________________, son/daughter of ________________, hereby declare that the details given in the form are true and correct to the best of my knowledge and belief.

I undertake to communicate forth which any alteration in the terms of the trust/society/nonprofit company, or in the rules governing the Institution, made at any time hereafter. I also declare that I am filing this form in my capacity as __________ (designation) having permanent account number (PAN) ________________ and that I am competent to file this form and verify it.

I further undertake that I am applying for registration under the section code 2 and the activities of the _____________ (Name of the institution, trust or fund) having permanent account number (PAN) ______________ have not commenced on or before the date of making this application

In the notes to fill the Form at serial no. 12:

1. for Section code 02 and entries thereto, the new entries have been substituted as under:

where the applicant is created, or is established, under an instrument, self-certified copy of the instrument;
where the applicant is created, is established, otherwise than under an instrument, self-certified copy of the document evidencing the creation or establishment of the applicant;
self-certified copy of registration with Registrar of Companies or Registrar of Firms and Societies or Registrar of Public Trusts, as the case may be;
self-certified copy of registration under Foreign Contribution (Regulation) Act, 2010 (42 of 2010), if the applicant is registered under such Act;
where the applicant has been in existence during any year or years prior to the financial year in which the application for registration is made, self-certified copies of the annual accounts of the trust or institution relating to such prior year or years (not being more than three years immediately preceding the year in which the said application is made) for which such accounts have been made up;

where a business undertaking is held by the applicant as per the provisions of sub-section (4) of section 11 and the applicant has been in existence during any year or years prior to the financial year in which the application for registration is made, self-certified copies of the annual accounts of such business undertaking relating to such prior year or years (not being more than three years immediately preceding the year in which the said application is made) for which such accounts have been made up and self- certified copy of the report of audit as per the provisions of section 44AB for such period;
self-certified copy of order of rejection of application, for grant of registration under section 12A or section 12AA or section 12AB or the approval under section 10(23C), as the case may be, if any

2. Section code “03/04/05/06” and entries relating thereto are omitted.

3. Section code “07/08/09/10” and entries relating thereto are omitted;

4. for Section code “1, 3, 4, 5, 6, 11” and entries relating thereto, the following shall be substituted:

Self-certified Affidavit where the applicant does not have earlier issued registration or approval certificate

Download CBDT Notification No. 111/2024 Click Here >>

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