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This document grants provisional approval to Ramakrishna Mission under the Income Tax Act, 1961 for the assessment years 2022-27, detailing compliance conditions.
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What is form no 10ac?
Form No 10AC is a form used for the purpose of seeking approval for the registration of a trust or institution under section 12AA of the Income Tax Act in India.
Who is required to file form no 10ac?
Organizations seeking tax exemption under Section 12AA of the Income Tax Act, including trusts, societies, and non-profit organizations, are required to file Form No 10AC.
How to fill out form no 10ac?
To fill out Form No 10AC, applicants must provide details such as the name of the trust or institution, its address, the details of the founder, 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 apply for approval of a trust or institution to ensure they are eligible for tax benefits under Section 12AA of the Income Tax Act.
What information must be reported on form no 10ac?
Form No 10AC must include information such as the name and address of the institution, its objectives, details of the governing members, and financial details including income and expenditure.
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