No migration required for existing registrations u/s 12AB under the Income Tax Act, 2025
The Income Tax Act, 2025 repeals the Income Tax Act, 1961, but
includes “Repeal and Savings” provisions under Section 536.
As per Section 536(2)(j) of the Income Tax Act, 2025, any
recognition granted, circular, direction, notification, order or rule
or any scheme framed therein issued under any provision of the
repealed Income Tax Act shall, so far as it is not inconsistent with
the corresponding provisions of this Act, be deemed to have been
entered into, made, granted, given or issued under the
corresponding provision of this Act and shall continue in force
accordingly.
This implies that the existing registration should continue to
remain valid under the new law. Hence, no migration is required
under the Income Tax Act, 2025.