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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Public Charitable Trusts Must Apply to CIT for Tax Exemptions u/s 12A(a) Using Rule 17A Form 10A.</h1> Public charitable or religious trusts must apply to the Commissioner of Income Tax (CIT) under section 12A(a) of the Income Tax Act to claim tax exemptions under sections 11 and 12. The application process is outlined in Rule 17A of the Income Tax Rules using Form 10A. Applications should be submitted by July 1, 1973, or within one year of the trust's creation, whichever is later. Commissioners can accept late applications at their discretion. Filing an application is a procedural requirement, but it does not guarantee exemption, as eligibility will be assessed by the Income Tax Officer.