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DYK112
Volume Volume - Issue 112
February 2025

The Finance Bill 2025 has proposed to increase the validity of Income Tax registration from 5 years to 10 years.

The Finance Bill, 2025 has proposed to increase the validity of Income Tax  registration from five years to ten years for Trusts or Institutions whose total income, before exemption under section 11 and 12, does not exceed Rs. 5 Crores in each of the two previous years preceding the year of application.
 

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