751/CBDT.

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.... that system of compulsory registration of trusts should be introduced. The object sought to be secured therefrom being to keep a watch on the activities of the trusts. In terms of section 12A(a) every trust desirous of claiming exemption u/s 11 and 12 is under on obligation to file an application for registration in the prescribed from and in the prescribed manner to the Commissioner of Income-ta....

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....he necessity for such formal acknowledgment of documents filed and in cases of belated filing the conscious act of the Commissioner in admitting or rejecting the application. Therefore, in keeping with the requirements of section 12A(a), the Board considers it desirable that all applications made under this section are acknowledged by the Commissioners of Income-tax immediately on receipt thereof,....