Specified Violation: misuse of charitable trust income or non genuine activities can affect tax registration status. Specified Violation under sub-section (4) of section 12AB covers: application of trust income other than for trust objects; business income not incidental ... Summary
Specified Violation: misuse of charitable trust income or non genuine activities can affect tax registration status.
Specified Violation under sub-section (4) of section 12AB covers: application of trust income other than for trust objects; business income not incidental to objectives or without separate books; application of income for private religious purposes not benefiting the public; newly created trusts applying income for a particular religious community or caste; activities that are not genuine or breach registration conditions; failure to comply with other laws where non compliance is final; and incomplete or false applications under section 12A(1)(ac).
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