https://www.taxtmi.com/highlights?id=80055 Sub-section (7) of section 11 is proposed to be amended to include reference of clauses (23EA), (23ED), and (46B) of section 10, enabling trusts under the second regime to claim exemption under these specific clauses. The amendment aims to rationalize provisions for charitable trusts and institutions by allowing them to choose provisions for claiming exemptions, making registration u/s 12AB operative or inoperative accordingly. The amendment will take effect from April 1, 2025. en-us Fri, 02 Aug 2024 15:11:54 +0530 Fri, 02 Aug 2024 15:11:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=80055 Sub-section (7) of section 11 is proposed to be amended to include reference of clauses (23EA), (23ED), and (46B) of section 10, enabling trusts under the second regime to claim exemption under these specific clauses. The amendment aims to rationalize provisions for charitable trusts and institutions by allowing them to choose provisions for claiming exemptions, making registration u/s 12AB operative or inoperative accordingly. The amendment will take effect from April 1, 2025. Highlights Bill Fri, 02 Aug 2024 15:11:54 +0530 https://www.taxtmi.com/highlights?id=80055