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TMI BlogApplication for registration.X X X X Extracts X X X X X X X X Extracts X X X X ..... of 1956) and deemed to have been registered in pursuance of section 465 (2)(g) of the Companies Act, 2013; (d) a University established by law or any other educational institution affiliated thereto or recognised by the Government; (e) an institution financed wholly or in part by the Government or a local authority; (f) any person as referred to in Schedule III (Table: Sl. No. 27) to (Table: Sl. No. 29) and (Table: Sl. No. 36) and in Schedule VII (Table: Sl. No. 10) to (Table: Sl. No. 19) and (Table: Sl. No. 42); or (g) any other person notified by the Board. (2) A person referred to in sub-section (1) shall be eligible for registration, if-- (a) such person is constituted or registered or incorporated in India for carrying out o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es of the applicant have commenced and it has not been registered under any specified provision at any time before making the application. At any time during the tax year, beginning from which registration is sought. Six months from the end of the quarter in which application is made. Five tax years commencing from the tax year in which such application is made. 3. Where the applicant has been granted provisional registration and activities have commenced. Within six months of the commencement of activities. Six months from the end of the quarter in which application is made. Five tax years commencing from the tax year in which such application is made. 4. Where the provisional registration of the applicant is due to expire and ac ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... that there is a reasonable cause for delay in furnishing the application, condone such delay and such application shall be deemed to have been made within time. (5) In case the application is made under sub-section (3)(Table: Sl. Nos. 3 to 7),and the total income of such applicant, without giving effect to the provisions of this Part, does not exceed five crore rupees during each of the two tax years, preceding the tax year in which such application is made, the provisions of (Table: Sl. Nos. 3.E to 7.E) of the said sub-section, shall have effect as if for the words "five years", the words "ten years" had been substituted. (6) If any application for registration is not made within the time specified in sub-section (3)(Table: Sl. No. 3.C, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ional registration. (9) Where the registration of a person, registered prior to the 1st April, 2021 under the specified provision of the Income-tax Act, 1961 (43 of 1961) has expired and such person makes an application for registration under this Part, the Principal Commissioner or Commissioner may, if he considers that there is a reasonable cause for delay in making such application, condone such delay and grant registration to such person under this Part within three months from the end of the month in which the application is made, which shall be valid for five years from the commencement of the tax year 2021-2022. (10) The order under sub-sections (7), (8) and (9) shall be passed in the form and manner, as prescribed. - Clause 332 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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