Amendment of section 12A.

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..... oved under sub-clause (iv) or sub-clause (v) or sub-clause (vi) or sub-clause (via) of clause (23C) of section 10 shall be inserted; (ii) after the words the period of the said registration , the words or approval as the case may be, shall be inserted; (b) in sub-clause (iii), (i) after the words, figures and letters under section 12AB , the words, brackets, figures and letters or provisionally ap .....

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..... 1 and 12. Sub-section (1) of the said section provides the conditions for applicability of sections 11 and 12 in respect of income of any trust or institution. Clause (ac) of the said sub-section provides that the provisions of section 11 and section 12 shall not apply in relation to the income of any trust or institution unless, inter alia, such trust or institution has made an application in the .....

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..... stration at least six months prior to expiry of period of the provisional registration or within six months of commencement of its activities, whichever is earlier. It is proposed to amend said sub-clauses (ii) and (iii) of clause (ac) of the said sub-section to allow trust or institution approved or provisionally approved as the case may be, under sub-clause (iv) or sub-clause (v) or sub-clause ( .....

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