Registration timeframe extension for small trusts: retrospective period doubled where income below threshold; incomplete applications not violations. A proviso extends the retrospective application period from five years to ten years for fresh registration applications made under specified sub-clauses where the trust's or institution's total income, excluding charitable exemptions, falls below a prescribed threshold in each of the two prior years. The Explanation to the specified-violation definition is amended to omit the phrase treating an incomplete application as a specified violation, so that incompleteness alone will not constitute a specified violation that can independently trigger enquiry or cancellation proceedings.
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Provisions expressly mentioned in the judgment/order text.
Registration timeframe extension for small trusts: retrospective period doubled where income below threshold; incomplete applications not violations.
A proviso extends the retrospective application period from five years to ten years for fresh registration applications made under specified sub-clauses where the trust's or institution's total income, excluding charitable exemptions, falls below a prescribed threshold in each of the two prior years. The Explanation to the specified-violation definition is amended to omit the phrase treating an incomplete application as a specified violation, so that incompleteness alone will not constitute a specified violation that can independently trigger enquiry or cancellation proceedings.
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