As per section 12A of Income Tax Act, 1961, trust or institution has been granted registration under section 12AA, and, subsequently, it has adopted or undertaken modifications of the objects which do not conform to the

CS Executive · Tax Laws · PYQS · June 2022
As per section 12A of Income Tax Act, 1961, trust or institution has been granted registration under section 12AA, and, subsequently, it has adopted or undertaken modifications of the objects which do not conform to the conditions of registration, then it shall be required to make an application, in the prescribed form and manner, within a period of __________ from the date of said adoption or modification, to the Principal Commissioner or Commissioner and thereupon obtain fresh registration.
(A) 30 days
(B) 60 days
(C) 90 days
(D) Six months

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Income Tax Act, 1961

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