✔️ Treatment of application out of Corpus and Loans & Borrowings
✔️ Restriction on application by way of Inter-charity donations
✔️ De-facto roll back of provisional registration for existing organization
✔️ No retrospective benefit of registration
✔️ Giving incomplete/false information can attract cancellation
✔️ Exit Tax u/s 115TD : If Fails to make application for Re-Registration/renewal/provisional to regular registration
✔️ Benefit of exemption can’t be claimed by filing updated ITR
✔️ Preponment of time limit to file Form 9A and Form 10
✔️ Similar Amendments proposed u/s 10(23C)
