Amendment for “Trusts” and “NGO” from FY 2020-21; Re-registration u/s 12AB mandatory for all Trusts & NGOs

Newsroom24x7 Network New Delhi: All the charitable trusts, section 8 companies, NGO’s etc need to register again with the Income Tax Authority within 3 months from 1st June 2020. All such existing charitable trusts/institutions to apply for re-registration of 12A (w.e.f. 1st June 2020). It has been proposed in the Budget that it will be… Read More Amendment for “Trusts” and “NGO” from FY 2020-21; Re-registration u/s 12AB mandatory for all Trusts & NGOs