Procedure for registration under section 12AA of the Income Tax Act, 1961
The charitable purpose has been defined u/s. 2(15) of the Act to include:
- Relief of the poor,
- Medical relief,
- Preservation of environment (including watersheds, forests, and wildlife)
- Preservation of monuments or places or objects of artistic or historic interest and
- Any other object of public utility
Registration u/s 12A is a must for claiming exemption u/s 11, 12 and 13 of the Act in respect of income of charitable or religious trusts/institution. Section 12AA deals with the procedure for registration.