Registration of charitable trusts requires formal acknowledgement, recordation and periodic reporting to central tax authorities. Trusts seeking income tax exemption must file registration applications with the Commissioner in the prescribed manner. The Commissioner must issue a formal acknowledgement of receipt, record the application in a serially numbered register and endorse the register number on the acknowledgement. Where applications are belated, the Commissioner's discretionary admission or rejection must be a recorded act. Commissioners must send six monthly reports of registration applications to the Board to permit compilation of national statistics.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Registration of charitable trusts requires formal acknowledgement, recordation and periodic reporting to central tax authorities.
Trusts seeking income tax exemption must file registration applications with the Commissioner in the prescribed manner. The Commissioner must issue a formal acknowledgement of receipt, record the application in a serially numbered register and endorse the register number on the acknowledgement. Where applications are belated, the Commissioner's discretionary admission or rejection must be a recorded act. Commissioners must send six monthly reports of registration applications to the Board to permit compilation of national statistics.
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