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This document provides provisional approval details for the Indira Gandhi Skill Development Mission under section 80G, effective AY 2024-25 to AY 2026-27.
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What is form no 10ac?
Form No 10AC is an application form prescribed under the Income Tax Act for claiming a tax exemption for charitable organizations under Section 80G.
Who is required to file form no 10ac?
Organizations that wish to apply for or renew their registration under Section 80G of the Income Tax Act must file Form No 10AC.
How to fill out form no 10ac?
Form No 10AC can be filled out by providing details such as the organization's name, address, PAN, objectives, and financial information as required in the form.
What is the purpose of form no 10ac?
The purpose of Form No 10AC is to provide the Income Tax Department with the necessary information to assess whether an organization qualifies for tax exemption under Section 80G.
What information must be reported on form no 10ac?
The information that must be reported includes details of the organization, its trust deed or memorandum, financial statements, past performance, and information about activities undertaken.
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