https://www.taxtmi.com/article/detailed?id=11345 Finance Act, 2023 creates two regimes for exemption claims and changes corpus treatment by disallowing retroactive application benefits, permitting treatment as application only if redeposited or repaid within five years, and imposing conditions (no disguised corpus transfers, TDS, cash limits, no benefit to prohibited persons, India only applications except Board approval). It caps qualifying inter trust donations at 85% for donor trusts, revises registration and audit filing timelines, authorizes cancellation of provisional registrations for specified violations, and extends exit tax triggers and liability for accreted income. en-us Fri, 21 Apr 2023 11:36:24 +0530 Wed, 11 Feb 2026 15:59:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11345 Finance Act, 2023 creates two regimes for exemption claims and changes corpus treatment by disallowing retroactive application benefits, permitting treatment as application only if redeposited or repaid within five years, and imposing conditions (no disguised corpus transfers, TDS, cash limits, no benefit to prohibited persons, India only applications except Board approval). It caps qualifying inter trust donations at 85% for donor trusts, revises registration and audit filing timelines, authorizes cancellation of provisional registrations for specified violations, and extends exit tax triggers and liability for accreted income. Articles Income Tax Fri, 21 Apr 2023 11:36:24 +0530 https://www.taxtmi.com/article/detailed?id=11345