Non-profit merger intimation requires merged entities to preserve objects, assume tax responsibilities, and furnish prescribed merger evidence. Intimation of a merger between registered non-profit organisations is made in Form No. 112A. The merged registered non-profit organisation must provide ... Summary
Non-profit merger intimation requires merged entities to preserve objects, assume tax responsibilities, and furnish prescribed merger evidence.
Intimation of a merger between registered non-profit organisations is made in Form No. 112A. The merged registered non-profit organisation must provide entity details, declare approval through a resolution, preserve its objects for the prescribed period, assume specified income-tax and compliance obligations of the merging organisation, apply income and accumulated income as required, avoid duplicate depreciation claims, and invest through prescribed modes. Trust deeds, registration certificates, merger resolution, audited accounts and reasons for merger must be enclosed.
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