Which of these conditions is NOT waived for a trust regularised under the Amnesty Scheme, 2026?
- A.Minimum employee headcount
- B.Size of the corpus
- C.The three-year compliance rule
- D.Recognition by the Income Tax Department
Show answer
That recognition is not waived at all; it is the very qualification a trust must already possess to be eligible, since the scheme is aimed at trusts recognised under the Income Tax Act, 1961 that nevertheless lack a formal exemption order.
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