Query _ Registration under section 12AB

[UMESH KUMAR]

Whether trust running educational institution or Hospital with annual receipt of less than ₹ 1 crore, and claiming exemption under section 10(23C) clause (iiiad) or (iiiae) of Income Tax Act are required to submit application in form 10A

AI Summary

Registration under section 12AB: whether educational or hospital trusts claiming tax exemptions must file form 10A. Whether trusts or institutions operating educational establishments or hospitals with annual receipts below the specified threshold and claiming tax relief under provisions corresponding to exclusive charitable exemptions for education and healthcare are obliged to obtain formal registration under the statute governing charitable status, and specifically whether submission of the designated application form is a prerequisite to maintain exemption claims.