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Non registration of charitable trusts under income tax

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(Querist)
28 July 2019 Dear Sir,

I want to know penalty & fine of Non registration of running a charitable trust under section Income tax Act 12A


Thanks & Regards
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
28 July 2019 Donation received and income earned by such trusts are taxable at 30% on income exceeding 2,50 lacs. Penalty and interest payable on non filing of ITR and non payment of taxes.
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