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This document grants provisional approval to Pari Sewa Trust, Varanasi, under section 80G of the Income Tax Act, ensuring compliance and outlining key conditions.
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What is form no 10ac?
Form No 10AC is a form used under the Income Tax Act of India for obtaining approval for a specified entity or institution to claim exemption under Section 10(23C) or Section 80G.
Who is required to file form no 10ac?
Organizations such as charitable trusts, non-profit organizations, and educational institutions seeking tax exemption under the specific sections of the Income Tax Act are required to file Form No 10AC.
How to fill out form no 10ac?
Form No 10AC can be filled out online through the income tax e-filing portal, providing the necessary information such as the organization's details, financial data, and relevant supporting documents.
What is the purpose of form no 10ac?
The purpose of Form No 10AC is to apply for exemption from income tax for eligible entities, enabling these organizations to receive donations and funds without tax liability.
What information must be reported on form no 10ac?
The form requires details about the entity's name, registration number, address, financial information, and the nature of the activities conducted, along with supporting documents.
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