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

Must Educational Trusts with Receipts Under 1 Crore File Form 10A for Section 12AB Registration? A participant in a discussion forum raised a query about the requirement for trusts running educational institutions or hospitals with annual receipts of less than 1 crore. Specifically, the inquiry concerns whether such trusts, which claim exemptions under section 10(23C) clauses (iiiad) or (iiiae) of the Income Tax Act, need to submit an application in form 10A for registration under section 12AB.