Charitable Trusts/Exempt Institutions

Where the institution or fund makes an application for approval under section 80G in any other case [New application]

CA. Manoj Gupta

Where the institution or fund makes an application for approval in any other case then the Principal Commissioner/Commissioner shall pass an order in writing granting it approval provisionally for a period of three years from the assessment year from which the registration is sought. [Circular No. 06/2023 dated 24-5-2023 has clarified that the said provisional approval or provisional registration shall be effective from the assessment year relevant to the previous year in which the application is made and shall be valid for a period of three assessment years subject to the provisions of clause (iii) of the first proviso to subsection (5) of section 80G of the Act.]

Rule 11AA has also been amended from 30-6-2023 so as to provide that In case of an application made under clause (iv) of the first proviso to sub-section (5) of section 80G of the Act, the provisional approval shall be effective from the assessment year relevant to the previous year in which such application is made.