Wednesday, April 29, 2015

Fast track Voluntary Organisations or Trusts Applications - Help to the victims of earthquake in Nepal

Press Release

The Central Board of Direct Taxes has decided to fast track all applications made by Voluntary Organisations/Trusts seeking approval u/s 11(1)(C) of the Income Tax Act,1961 for rendering help to the victims of earthquake in Nepal.Approval under this section is required by the charitable institutions for application of their income outside India to promote international welfare. It will be the endeavor of the Department to process these applications within two working days of receiving the completed applications. The details of documents required to be submitted alongwith such applications have been uploaded on the website of Income-ax Department


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