Insertion of new section 12AC.

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....AB of the Income-tax Act, the following section shall be inserted with effect from the 1st day of April, 2025, namely:-- Merger of charitable trusts or institutions in certain cases. ....

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....er trust or institution is registered under section 12AA or section 12AB or approved under sub-clause (iv) or sub-clause (v) or sub-clause (vi) or sub-clause (via) of clause (23C) of section 10, as th....