Clause 93 - Registration of the non-profit organisation - Direct Taxes Code Bill, 2009

Registration of the non-profit organisation 93. (1) A non-profit organisation shall make an application for its registration in the prescribed manner to the Chief Commissioner or Commissioner. (2) The Chief Commissioner or Commissioner, on receipt of the application for registration of a non-profit organisation made under sub-section (1) may call for such documents or information from the trust or institution as he thinks necessary in order to satisfy himself about the objects of the non-profit organisation and may also make such inquiries as he may deem necessary in this behalf. (3) The Chief Commissioner or Commissioner shall pass an order in writing,- (a) registering the non-profit organisation if he is satisfied about its objects; or (b) refusing to register the non-profit organisation if he is not satisfied about its objects or any of the terms of the instrument creating it are inconsistent with sub-clauses (i) to (iv) of the clause (d) of section 96. (4) The order under sub-section (3) shall be passed within three months from the end of the month in which the application under section (1) was received. (5) The registration granted under sub-section (3) shall be valid from the financial year in which application under sub-section (1) was made.