Section 352: Tax on accreted income

Section 352: Tax on accreted income · Complied AI

(i)

(ii)

1. The registration The The date of Date of granted to the specified the order receipt of the specified person person has cancelling the order in any under any specified preferred an registration. appeal, provision has been appeal against confirming the cancelled or the order of cancellation of withdrawn. cancellation. the registration, by the specified person. 2. The registration The The date of The date on granted to the specified the order which the specified person person has not cancelling the period for under any specified preferred an registration. filing appeal provision has been appeal against under cancelled or such order of section 362 withdrawn. cancellation. against the order cancelling the registration expires. 3. (a) The The The date of The end of specified adoption or such tax year. specified person person has not modification of has adopted or applied for undertaken any object. modification of its fresh objects during any registration tax year; and under any specified (b) such provision in modified objects such tax year. do not conform to the conditions of registration. A B C D

(i)

(ii)

4. (a) The The The date of The date of specified person specified adoption or receipt of the has adopted or person has modification of order in any undertaken applied for any object. appeal, modification of its fresh confirming the objects during any registration cancellation of tax year; and under any the registration specified by the (b) such provision in specified modified objects such tax year person. do not conform to and where the conditions of such registration. application has been rejected and appeal has been preferred against such order of rejection. 5. (a) The The The date of The date on specified person specified adoption or which the has adopted or person has modification of period for undertaken applied for any object. filing appeal modification of its fresh under section objects during any registration 362 against the tax year; and under any order specified cancelling the (b) such provision in registration modified objects the said tax expires. do not conform to year and where the conditions of such registration. application has been rejected and no appeal has been preferred against such order of rejection. 6. The specified The period The last date The end of person fails to make specified in the for making an such tax year. an application as application for respective per the provisions registration. clause or of–– sub-clauses or Table, as the case may be, expires in the tax year in which the said application is to be made. A B C D

(i)

(ii)

(a)

sub-clause (i) or (ii) or (iii) of the first proviso to section 10 (23C) of the Income-tax Act, 1961 (43 of 1961); or (b) sub-clause (i) or (ii) or (iii) of section 12(1)(ac) of the Income-tax Act, 1961 (43 of 1961); or (c) as specified in section 332(3) (Table: Sl. No. 3, 4, 5 or 7). 7. Where a The date of The end of specified person such such tax year. conversion. converts itself into a form which is not eligible for grant of registration during any tax year. 8. The specified The date of The date of merger. merger. person has merged with any other entity other than a registered non- profit organisation having the same or similar objects and the said merger does not fulfil such [ conditions, as prescribed. 9. The specified The date of The date on which such person has failed to dissolution. transfer upon period of dissolution, all its twelve months expires. assets to any other registered non-profit organisation within twelve months from the end of the month in which the dissolution takes place.