• Adding branch account details for exemption u/s 12a of income tax

A registered charitable institution,  while applying for tax exemption u/s 12a of income tax the accounts details of their branch has not been mentioned and got the exemption u/s 12 a. is it possible to include the branch account details now and if so what is the procedure and also if the branch accounts are included is there possibility of losing the income tax exemption given to the parent body
Asked 9 months ago in Income Tax from Greater Mumbai, Maharashtra

I don't think there is any need to add branch account details. The amedment in law is in respect to mandatory updation in registration for change in objects of trust.

Vivek Kumar Arora
CA, Delhi
1858 Answers
63 Consultations

5.0 on 5.0


There is no need to add branch account details now.



Nikhil Khanna
CA, Mumbai
1429 Answers
19 Consultations

4.8 on 5.0


Please let us know as to why such disclosure needs to be done. That should not be required.

Lakshita Bhandari
CA, Mumbai
2396 Answers
88 Consultations

5.0 on 5.0

Sorry, I am not much familiar with taxation of trust.

Abhishek Dugar
CA, Mumbai
3576 Answers
165 Consultations

5.0 on 5.0

It is not required now.

Swati Agrawal
CA, Indore
749 Answers
2 Consultations

5.0 on 5.0

Sorry not an expert in the matter.

Rohit R Sharma
CA, Mumbai
2104 Answers
92 Consultations

5.0 on 5.0

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