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This document grants provisional approval for the Institute of Natural Sciences and Applied Technology Trust, meeting specific conditions outlined in the Income Tax Act.
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What is form no 10ac?
Form No 10AC is a form used in India for obtaining a registration certificate for a charitable trust or institution under section 12A of the Income Tax Act.
Who is required to file form no 10ac?
Organizations applying for registration as a charitable trust, institution, or NGO under the Income Tax Act, specifically those seeking tax exemptions under sections 11 and 12, 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 organization, address, PAN (Permanent Account Number), and details regarding the activities and objectives of the trust or institution along with necessary documentation.
What is the purpose of form no 10ac?
The purpose of Form No 10AC is to apply for a registration that allows the organization to claim tax exemptions under sections 11 and 12 of the Income Tax Act, which is crucial for the financial functioning of charitable entities.
What information must be reported on form no 10ac?
Form No 10AC must report the name and address of the organization, its PAN, the details of operation activities, and any previous registrations with the Income Tax department, alongside necessary documents.
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