Amendment of Rules 2C, 2CA and 11AA and Form Nos 10G, 56 and 56G of the Income-tax Rules, 1962-draft notification for inputs from the stakeholders and the general public
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Amendments mandate electronic filing and standardized documentation for approvals of charitable, educational and hospital institutions and donation deductions. The draft mandates electronic filing of applications for approvals of funds, trusts, educational institutions and hospitals previously filed manually, substituting rules and Forms 56/56D/10G. Applications must be filed under digital signature or electronic verification code and verified by the person authorised to verify income-tax returns. Applicants must attach self-certified instruments of creation, registration certificates, audited accounts/balance sheets for preceding years or since inception, prior registration or approval orders, a note on activities and other prescribed documents. The Systems wing shall specify data structures, verification procedures and security, archival and retrieval policies.
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.
Amendments mandate electronic filing and standardized documentation for approvals of charitable, educational and hospital institutions and donation deductions.
The draft mandates electronic filing of applications for approvals of funds, trusts, educational institutions and hospitals previously filed manually, substituting rules and Forms 56/56D/10G. Applications must be filed under digital signature or electronic verification code and verified by the person authorised to verify income-tax returns. Applicants must attach self-certified instruments of creation, registration certificates, audited accounts/balance sheets for preceding years or since inception, prior registration or approval orders, a note on activities and other prescribed documents. The Systems wing shall specify data structures, verification procedures and security, archival and retrieval policies.
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