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214 views • Question added Aug 13, 2012 • Income Tax • By CA Sagar saraswat , CA


can a newly registered trust also be registered for 12aa trust? is there any requirement for 3 years old trust for 12aa exemption

1 Answers

answered Aug 15, 2012 by saurabh goyal , chandigarh

SAGAR IN MY OPINION THERE IS NO LIMIT OF 3 YEARS FOR REGISTRATION AND GETTING EXEMPTION UNDER SECTION 12BB. FURTHER REGISTRATION UNDER SECTION 12 BB IS VOLUNTARY AND THERE IS NO COMPULSION BUT IT WILL GIVE U BENEFIT OF RELIEF FROM INCOME TAX.


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varun kondel

15-Aug-2012 , 10:15:12 am

u can apply for fresh case also.

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varun kondel

15-Aug-2012 , 10:15:48 am

u can apply for fresh case also.

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