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This document grants provisional approval to ARYA DEVELOPMENT & WELFARE TRUST OF INDIA under section 80G, effective from 06-10-2021 for A 2024-2025.
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What is form no 10ac?
Form No 10AC is a form used by certain taxpayers in India to claim a tax exemption under Section 10 of the Income Tax Act for agricultural income or any other specified income categories.
Who is required to file form no 10ac?
Individuals or entities that earn agricultural income or other specified income categories and wish to claim an exemption under Section 10 are required to file Form No 10AC.
How to fill out form no 10ac?
To fill out Form No 10AC, the taxpayer needs to provide relevant details such as income details, source of income, personal information, and other required declarations. The form should be filled in accordance with the instructions provided by the Income Tax Department.
What is the purpose of form no 10ac?
The purpose of Form No 10AC is to facilitate taxpayers in claiming exemptions from tax for agricultural income or other specified income categories as outlined under section 10 of the Income Tax Act.
What information must be reported on form no 10ac?
The information that must be reported on Form No 10AC includes the details of agricultural income, other income sources, details of the taxpayer, and any other information as prescribed by the Income Tax authorities.
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