<h1>CBDT Fast-Tracks Approval for Voluntary Organizations u/s 11(1)(C) to Aid Nepal Earthquake Victims in Two Days.</h1> The Central Board of Direct Taxes (CBDT) has announced the expedited processing of applications from voluntary organizations and trusts seeking approval under Section 11(1)(C) of the Income Tax Act, 1961. This measure aims to facilitate the provision of aid to victims of the Nepal earthquake. Such approvals are necessary for charitable institutions to apply their income for international welfare purposes. The CBDT commits to processing these applications within two working days upon receipt of complete submissions. Required documentation details are available on the Income Tax Department's website.