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What are the benefits of 12A registration of Tr...

What are the benefits of 12A registration of Trust?

What are the benefits of 12A registration of Trust?

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Jeeba Lal Jun. 15, 2018

If a trust gets registered under the Income Tax Act. It can avail following facilities.

a) The income applied for charitable or religious purpose will be considered as application of income.

b) The benefit of accumulating or setting aside of income not exceeding 15% for charitable or religious purpose will be available.

c) The accumulation of income, which is deemed as application of income as per section 11(2), shall not be included in the total income.

d) They are eligible to receive grants from government and other agencies.

e) They can register under FRCA for seeking international contribution.

What are the benefits of 12A registration of Trust?

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