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TMI BlogIncome-tax (Eleventh Amendment) Rules, 2023 - Charitable, religious, educational institutions and / hospitals - Various rules towards procedure of filing of application for approval u/s 10(23C), 12A and 80G and related form, amended / modified.X X X X Extracts X X X X X X X X Extracts X X X X ..... , (v) and (vi) of clause (ac) of sub-section (1) of section 12A, sub-clause (ii) of clause (b) of sub-section (1) of section 12A, sub-section (3) of section 12AB, clauses (i), (ii), (iii) and (iv) of the first proviso to sub-section (5) of section 80G, third proviso to sub-section (5) of section 80G read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:- 1. Short title and commencement. (1) These rules may be called the Income-tax (Eleventh Amendment) Rules, 2023. (2) Save as otherwise provided in these rules, they shall come into force from the 1st day of October, 2023. 2. In the Income-tax Rules, 1962 (her ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oviso to sub-section (5) of section 80G, the provisional approval shall be effective from the assessment year relevant to the previous year in which such application is made."; (c) in rule 17A,- (i) in sub-rule (1),- (I) in clause (i), for the words, brackets and figure "sub-clause (i) or", the words, brackets, figure and letter "sub-clause (i) or item (A) of sub-clause" shall be substituted; (II) in clause (ii), for the word, brackets and figure "or (v)", the words, brackets, figures and letter "or (v) or item (B) of sub-clause (vi)" shall be substituted; (ii) in sub-rule (7), for the word, figure and letter "section 12A" the words, figures and letter "section 12A as it stood immediately before its amendment vide the Finance Ac ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e and belief. I undertake to communicate forth with any alteration in the terms of the trust/society/non-profit company, or in the rules governing the Institution, made at any time hereafter. I further declare that I am filing this form in my capacity as……….(designation) having permanent account number………….and that I am competent to file this form and verify it. Date: Signature (strike whichever is inapplicable)"; (ii) Under the heading "Notes to fill Form No. 10A", for serial number 2., the following shall be substituted, namely:- " 2. Application for registration under section 10(23C)/ 12A/80G/select one of the following code in row 2: 1 Sub-clause (i) of clause (ac) of sub ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f clause (iv) of first proviso to sub-section (5) of section 80G 12"; (b) in Form No. 10AB, - (i) Below the table and before the heading "Notes to fill Form No. 10AB", for the portion beginning with the words "I ,son/daughter of" and ending with the words "Date: Signature", the following shall be substituted, namely:- "I _____,son/daughter of _______,hereby declare that the details given in the form are true and correct to the best of my knowledge and belief. I undertake that I am applying for registration/approval (strike out whichever is inapplicable) under the section code 4A/12A/12B/12C/12D/ 14A having commenced activities on dd/mm/yyyy and also that no income or part thereof of the …………&he ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... No. 10AB", in serial number (2),- (I) after row 4, the following row shall be inserted, namely:- "4A Item (B) of sub-clause (vi) of clause (ac)of sub-section (1) of section 12A 04A"; (II) after row 12, the following rows shall be inserted, namely:- "12A Sub-clause (B) of clause (iv) of first proviso to clause (23C) of section 10( for applicants covered under sub-clause (iv) of clause (23C) of section 10) 12A 12B Sub-clause (B) of clause (iv) of first proviso to clause (23C) of section 10 (for applicants covered under sub-clause (v) of clause (23C) of section 10) 12B 12C Sub-clause (B) of clause (iv) of first proviso to clause (23C) of section 10 (for applicants covered under sub-clause (vi) of clause (23C) of section 10 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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