https://www.taxtmi.com/forum/issue?id=108111 The Finance Bill 2015 requires charitable trusts and institutions to submit Form 10 before the due date for filing their return and to file that return by its due date as preconditions for claiming the accumulation-of-income exemption; failure to submit Form 10 on time or to file the return on time will disqualify the trust from the accumulation benefit and render the income taxable. The amendments take effect from 1 April 2016 and apply to the subsequent assessment year. en-us Sat, 28 Feb 2015 19:55:17 +0530 Thu, 23 Jan 2025 15:57:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=108111 The Finance Bill 2015 requires charitable trusts and institutions to submit Form 10 before the due date for filing their return and to file that return by its due date as preconditions for claiming the accumulation-of-income exemption; failure to submit Form 10 on time or to file the return on time will disqualify the trust from the accumulation benefit and render the income taxable. The amendments take effect from 1 April 2016 and apply to the subsequent assessment year. Discussion-Forum Income Tax Sat, 28 Feb 2015 19:55:17 +0530 https://www.taxtmi.com/forum/issue?id=108111