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<h1>Amendment to Income-tax Act: Section 12A Clause (a) Updated for Trust Registration Requirements Effective April 1, 1997.</h1> The Finance (No. 2) Act, 1996, amends section 12A of the Income-tax Act by modifying clause (a). The amendment replaces the words 'whichever is later' with 'whichever is later and such trust or institution is registered under section 12AA.' This change is effective from April 1, 1997, and pertains to the registration requirements for trusts or institutions under the Income-tax Act.