Charitable trust
This query is : Resolved
03 September 2016
Hi,
A trust has obtained registration u/s 12 A as a charitable trust and also obtained 80G certificate for exemption from Income tax , however the trust wishes to pay tax as a regular trust since it cannot meet the conditions to claim exemption , so whether the A.O. can question the activities undertaken by the trust and challenge the registration obtained ?
A trust has obtained registration u/s 12 A as a charitable trust and also obtained 80G certificate for exemption from Income tax , however the trust wishes to pay tax as a regular trust since it cannot meet the conditions to claim exemption , so whether the A.O. can question the activities undertaken by the trust and challenge the registration obtained ?
05 September 2016
Yes AO can question the activities and take action for cancellation of registration, if the trust is not complying with the conditions to claim exemption.
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