Grant of exemption u/s 11 & 12.

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..... escribed in Rule 17A of I.T.RULES and the form of the application is form 10A. The application is to be made to the CIT before 1-7-73 or before the expiry of the period of one year from the date of creation of the trust or the establishment of the institution, whichever is later. There is a proviso to empower the commissioners to admit belated application in his discretion. 2. Detailed procedure .....

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..... eceiving an application acknowledging it and having it entered in the register prescribed by Instruction No.751 does not confer on the trust the right to claim exemption u/s.11. The claim in this regard will have to be gone into by the ITO above who will doubtless satisfy himself about the requirements of law having been not including an application u/s.12 A(a) having been including an application .....

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