This guide details Form 10AB, used by Indian charitable trusts, NGOs, and institutions for final or renewal registration/approval under Income Tax Sections 12A, 80G, and 10(23C). It clarifies the difference between Form 10A (provisional) and 10AB (final/renewal), outlines who must file, and explains the benefits and process of filing online via the Income Tax e-Filing portal. The post covers required documents, crucial deadlines (including the 6-month rules), discusses past extensions (like the June 30, 2024 deadline), the new condonation of delay facility, and the outcome of filing (5-year validity via Form 10AC).

Significant modifications were made to charitable trust registrations under Section 12AB of the Finance Act 2020, which replaced Sections 12A and 12AA. The validity, due dates, and compliance requirements for trusts under Section 12AB are highlighted in this blog. Additionally, it describes the repercussions of non-compliance and provides practical advice on how trusts might successfully preserve their tax-exempt status.