Switching between exemption regimes makes registration inoperative and requires relinquishment of scheduled exemptions when registration is restored.

Section 333 governs switching from registration-based exemption to specified Schedule-based exemption regimes for registered non-profit organisations. Registration under section 332 ceases from the notification date for identified Schedule III and Schedule VII entries, and from the first day of April of the relevant tax year for specified Schedule VII claims. A person may apply again for registration, but re-registration causes the relevant exemption notification to cease and prevents further exemption under that Schedule entry.

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