Know all about Section 12AB re registration of Trust under Income Tax Act, 1961

Know all about Section 12AB re registration of Trust under Income Tax Act, 1961 Finance act 2020 has introduced a new Section 12AB and replaced Section 12A and Section 12AA for Charitable Trust. As per the existing provisions of the Income-tax Act, exemption from income-tax in respect of the income of a charitable trust is … Continue reading Know all about Section 12AB re registration of Trust under Income Tax Act, 1961