https://www.taxtmi.com/news?id=72033 Registered non-profit organisations may use FN 108 as the electronic statement for exercising the option to treat a shortfall in application of income as deemed application where income could not be applied because it was not received during the relevant tax year. The form is mandatory for such a claim, must be filed online by the return filing due date, requires a valid PAN, and cannot be edited after submission. en-us Tue, 31 Mar 2026 17:36:55 +0530 Tue, 31 Mar 2026 17:36:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72033 Registered non-profit organisations may use FN 108 as the electronic statement for exercising the option to treat a shortfall in application of income as deemed application where income could not be applied because it was not received during the relevant tax year. The form is mandatory for such a claim, must be filed online by the return filing due date, requires a valid PAN, and cannot be edited after submission. News - Tue, 31 Mar 2026 17:36:55 +0530 https://www.taxtmi.com/news?id=72033