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The Last Date for Renewal of Registration under 12AB, 10(23C) and 80G is 31ST MARCH,2022

 Extension of due date for Renewal of Registration under 12AB, 10(23C) and 80G

NGO [ TRUST, SOCIETY, SEC 8 COMPANY ] GETS INCOME TAX EXEMPTION IF THE SAME IS REGISTERED U/S 12AB, 10(23C). IF NGO FAILS TO GET FRESH REGISTRATION OR IF ALREADY REGISTERED U/S12AA, RE-REGISTRAION , THEN, NGO WILL LOOSE TAX EXEMPTION.

THE NGO REGISTERED U/S 80G WILL HAVE TO TAKE FRESH REGISTRAITON BEFOE 31/03/2022

The Ministry of Finance vide Circular No. 16 dated 29th August, 2021, has extended the due dates for various compliances under the Income Tax Act, 1961 in view of the genuine hardship faced due to the pandemic.

One of the significant changes for the NGO sector is that the last date for revalidation of registration under 12AB, 10(23C) and 80G of the Act has been further extended from 31st  August 2021 to 31st March 2022. 

 

ALL NGO NEED TO CHECK ABOUT THE FRESH REGISTRATION  TAKEN OR NOT TO AVOIDE LOSS OF TAX EXEMPTIONS………………………………………………………………………………………………….

 

 

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