Top Tweets for #section12AB
Retrospective cancellation of 12AB registration is invalid without a finding by the competent authority. A significant ruling reinforcing due process and certainty for trusts & NGOs.
#IncomeTax #Section12AB #TaxUpdate #NGO #TaxLaw #Compliance #Finance #IndiaTax
Big relief for NGOs & trusts! A Section 12AB application shouldn't be rejected just because the wrong clause was selected in Form 10AB. Substance matters over technical errors.
#IncomeTax #Section12AB #Form10AB #NGO #TaxUpdate #Compliance #Finance #IndiaTax #RSC #Trending
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