https://www.taxtmi.com/acts?id=48428 A proviso extends the retrospective application period from five years to ten years for fresh registration applications made under specified sub-clauses where the trust's or institution's total income, excluding charitable exemptions, falls below a prescribed threshold in each of the two prior years. The Explanation to the specified-violation definition is amended to omit the phrase treating an incomplete application as a specified violation, so that incompleteness alone will not constitute a specified violation that can independently trigger enquiry or cancellation proceedings. en-us Sat, 01 Feb 2025 14:30:05 +0530 Sat, 01 Feb 2025 14:30:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=48428 A proviso extends the retrospective application period from five years to ten years for fresh registration applications made under specified sub-clauses where the trust's or institution's total income, excluding charitable exemptions, falls below a prescribed threshold in each of the two prior years. The Explanation to the specified-violation definition is amended to omit the phrase treating an incomplete application as a specified violation, so that incompleteness alone will not constitute a specified violation that can independently trigger enquiry or cancellation proceedings. Act-Rules Bills Sat, 01 Feb 2025 14:30:05 +0530 https://www.taxtmi.com/acts?id=48428