registration [under section 12AA or section 12AB] in a previous year, if,— (i) the registration granted to it [under section 12AA or section 12AB ... Following sub-sections (1), (2) and (3) shall be substituted for the existing sub-sections (1), (2) and (3) of section 115TD by the Finance
shall be inserted; (c) in sub-section (3), in clause (d), after the figures and letters “12AA”, the words, figures and letters “or section 12AB
Section 10 in The Income Tax Act, 1961
10. Incomes not included in total income
section 10 or other trust or institution registered under section 12AA [or section 12AB, as the case may be], being contribution with a specific direction ... treated as application of income for charitable or religious purposes. Explanation 3.—For the purposes of determining the amount of application under clause
been passed under clause (b) of sub-section (1) of section 12AA before the date on which this section has come into force, shall ... clause (ac) of sub-section (1) of section 12A on that date. (3) The order under clause (a), sub-clause (ii) of clause
Amendment of section 12AA.
- In section 12AA of the Income-tax Act, after sub-section (3), the following subsection shall be inserted with effect from
3), as the case may be : Provided that the CENVAT credit on inputs shall not be denied to job worker referred to in rule 12AA ... contained in the Excise Act and the rules made there under. Explanation 3. For the purposes of this rule, exempted services as defined in clause
clause (ia) of clause (a) of section 40 and sub-sections (3) and (3A) of section 40A, shall, mutatis mutandis, apply as they apply ... Explanation 1.—For the purposes of sections 11, 12, 12A, 59[, 12AA, 12AB] and this section, "trust" includes any other legal obligation
been passed under clause (b) of sub-section (1) of section 12AA before the date on which this section has come into force, shall ... clause (ac) of sub-section (1) of section 12A on that date. (3) The order under clause (a), sub-clause (ii) of clause
been passed under clause (b) of sub-section (1) of section 12AA before the date on which this section has come into force, shall ... clause (ac) of sub-section (1) of section 12A on that date. (3) The order under clause (a), sub-clause (ii) of clause
