Insertion of new section 12AC.

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..... f the Income-tax Act, the following section shall be inserted with effect from the 1st day of April, 2025, namely: Merger of charitable trusts or institutions in certain cases. 12AC. Where any trust o .....

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..... ection 12AA or section 12AB or approved under sub-clause (iv) or sub-clause (v) or sub-clause (vi) or sub-clause (via) of clause (23C) of section 10, as the case may be; and (c) the said merger fulfil .....

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