Amendment of section 11.

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.... 12AB" shall be substituted; (b) for the words, brackets, figures and letter "clause (1) and clause (23C)", the words, brackets, figures and letter "clause (1), clause (23C) and clause (46)" shall be substituted; (c) the following provisos shall be inserted, namely:-- "Provided that such registration shall become inoperative from the date on which the trust or institution is approved under c....

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....t relating to income from property held for charitable or religious purposes. Sub-section (7) of said section provides that where a trust or an institution has been granted registration under clause (b) of sub-section (1) of section 12AA or has obtained registration at any time under section 12A [as it stood before its amendment by the Finance (No. 2) Act, 1996] and the said registration is in fo....