CBDT notifies Amendments to Income Tax Form 10A and 10B for Registration Purposes of Charitable Trusts and Institutions

The Central Board of Direct Taxes (CBDT) has amended Income Tax Forms 10A and 10B, effective from October 1, 2024, to streamline the registration process for charitable trusts and institutions. The amendments, notified through the Income-tax Amendment (Seventh Amendment) Rules, 2024, include the removal of references to “2C” and the introduction of a new declaration format in Form 10A. This format requires applicants to confirm the accuracy of provided details and communicate any changes in their trust or institution. Adjustments were also made to serial numbers and notes for clarity and compliance, with new requirements for supporting documents based on the institution’s formation. Similar changes were made to Form 10B. These revisions aim to enhance the clarity of obligations for applicants and ensure a more efficient registration process under sections 12A and 80G of the Income-tax Act, 1961, without adversely affecting any individual or entity.