The Circular 6 of 2023 dt 24 May, 23 provides clarification on provisions related to charitable and religious trusts under the Income-tax Act, 1961. It outlines the amended provisions related to the registration and approval of trusts and extends the due date for making an application for registration/approval in certain cases. The circular also extends the due date for furnishing of statement of donation and certificate of donation in Form No.10BD and FormNo.10BE, respectively. The Indian government has issued clarifications regarding the applicability of provisional registration for trusts seeking approval and revised audit reports have been notified for trusts. The clarification so includes a list of electronic modes of payment for audit reports.
