CBDT Amends IT Rules to Incorporate FA 2023 Amendments Related to Trusts & Institutions
- Blog|News|Income Tax|
- < 1 minute
- By Taxmann
- |
- Last Updated on 26 June, 2023
Latest from Taxmann
Notification No. 45/2023, dated 23-06-2023
The CBDT has amended Rules 2C, 11AA, 17A and Forms 10A & 10AB to incorporate the amendments made by the Finance Act 2023 related to charitable/religious trusts or institutions registered/approved under Sections 10(23C), 80G and 12A.
The Finance Act 2023 amended provisions of Section 10(23C), Section 12A and Section 80G to allow for direct final registration/approval in such cases without applying for provisional registration/approval.
Click Here To Read The Full Notification
Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.
Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.
The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in its publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:
- The statutory material is obtained only from the authorized and reliable sources
- All the latest developments in the judicial and legislative fields are covered
- Prepare the analytical write-ups on current, controversial, and important issues to help the readers to understand the concept and its implications
- Every content published by Taxmann is complete, accurate and lucid
- All evidence-based statements are supported with proper reference to Section, Circular No., Notification No. or citations
- The golden rules of grammar, style and consistency are thoroughly followed
- Font and size that’s easy to read and remain consistent across all imprint and digital publications are applied
Sign Up
To subscribe to our weekly newsletter please log in/register on Taxmann.com
Latest Books
Everything on Tax and Corporate Laws of India
To subscribe to our weekly newsletter please log in/register on Taxmann.com
