WEBINAR ON “RECENT DEVELOPMENTS IN CHARITABLE TRUST PROVISIONS UNDER THE INCOME TAX ACT.”

It is felt that the compliance work for Charitable Trusts has increased over the last few years. Non compliance with the provisions of the Income Tax Act can lead to huge tax liabilities for Charitable Trusts. The Income Tax Act was amended by the Finance Bill 2020 making it mandatory for all the existing trusts to re-register for both 80G and 12A and has further provided that trusts will have to file a statement of donations received on the same lines as TDS returns. Recently the government has notified the rules for re-registration of trust and also for filling donation statements online on an annual basis.

It is imperative that those involved with the management of the trust and especially professional like lawyers, Chartered accountants and other consultants understand the recent changes.

With a view to understand the “Recent Developments in Charitable Trust Provisions under the Income Tax Act.” the Direct Tax Committee of Chamber of Tax Consultants has organized a webinar :-

After registering, you will receive a confirmation email containing information about joining the webinar. Then click on the link to join the webinar.

The speaker will also address specific queries raised by the participants if sent in advance to the Chambers Office.