How to Register under section 12AB? and How to File Form 10A step-by-step Guidance with FAQ

CBDT vide notification No- 19/2021 dated 26th March 2021 has issued Income Tax (6th Amendment) Rules 2021 which now mandated all the trust/societies/ institutions/ fund/ hospitals (hereinafter called “applicant”) registered under Section 12A and 80G or Section 12AA to obtain fresh registration in the prescribed format under Sec 10(23C) of the Act.

For More information read :- Mandatory Re-registration of existing Trust registered u/s 12A, 12AA, 10(23C) & 80G to New Section 12AB of Income Tax Act,1961

For Re-Registration under section 12AB we are required to file Form 10A as per the Income Tax Act,1961 on or before the due date which shall be 3 months from 01.04.2021 i.e. 30th June 2021.

Steps to File Form 10A online:-

• Log on to the E-filing portal of the income tax department vide https://www.incometaxindiaefiling.gov.in/home
• Go to the “e-file” menu and select the “Income Tax Forms” tab.

• Select the Form Name as “Form 10A” and relevant Assessment Year from the drop-down list.

• Select the option of “Prepare and Submit Online” in submission mode.
• Fill in the details as required in the form and attach the required and applicable attachments.
• Submit the form using digital signatures or EVC as required while return filing.

What Types of Details are required to be fill in Form 10A?

we can divide Form 10A is in 6 parts followings are the 6 parts:-

1. Incorporation/constitution details:-

• 

This Form is applicable to Institutions, Trusts, research associations, universities, colleges, or other institutions registered under section 12A/80G/10(23C) select one of the following code in point 2 “section code” for more details read :-Mandatory Re-registration of existing Trust registered u/s 12A, 12AA, 10(23C) & 80G to New Section 12AB of Income Tax Act,1961

2. Other Registration Details:-

3. Details of key Persons:-

4. Details of Assets and Liabilities:-

5. Income Details:-

6. Religious Activities details:-

Frequently Asked Questions(FAQ) on Form 10A:-

(1): A charitable trust has obtained registration under Section 12A of the Income-tax Act, 1961. Now, it wants to obtain registration under Section 80G of the relevant act. Is it required to file a new application in Form 10A?

Ans:-Yes. For each unique section code specified in the section code list in Form 10A, the applicant must file a separate application in Form 10A.

(2): Is it possible to obtain registration under multiple sections such as Section 10(23C) and Section 80G of the Income-tax Act, 1961 by filing a single application in Form 10A?

Ans. No. Applicant needs to file a separate application in Form 10A by selecting the relevant section code from the Section Code list.

(3): A trust is already registered under Section 10 (23C) of the Income-tax Act, 1961. It wants to obtain registration under Section 12A of the relevant act. Is it eligible to file Form 10A in such a case?

Ans. No, If the applicant is already registered under Section 10(23C) of the Income-tax Act, 1961, he is not eligible to obtain registration under Section 12A of the relevant act, and hence, he will not be allowed to file Form 10A for Section 12A registration.

(4): Is it possible to select multiple section codes in Form 10A to obtain registration under different sections?

Ans. No, an applicant cannot select multiple section codes in Form 10A. One single application in Form 10A can be submitted only for one section code

(5): If the section code selected is Section Code “13-Fifth Proviso to Sec 35(1)-Clause(ii)-Scientific Research-Research Association”, whether an applicant is required to select Nature of Activities in Form 10A?

Ans. No, an applicant is not required to select Nature of Activities if the section code selected is relating to Section 35(1) and hence, the field is grayed off in the form on the selection of Section code 13. (Kindly refer to Instructions to fill form 10A specified in related Form 10A notification for more details.)

(6): Whether an applicant is required to disclose the details of assets and liabilities in Form 10A if the selected section code is “14-Fifth Proviso to Sec 35(1)-Clause(ii)-Scientific ResearchUniversity, college or other institution”?

Ans. No. For Section Code 13 to 19 relating to Section 35(1), the applicant is not required to disclose the details of Assets and liabilities and hence, the fields are grayed off on the selection of Section code 14. (Kindly refer to Instructions to fill form 10A specified in related Form 10A notification for more details.)

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