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of <h1>Trust Registration Cancelled: Loss of Section 11 & 12 Exemptions, Section 80G Revoked, Section 115TD Tax Applies</h1> The cancellation of a trust's registration results in several consequences: the exemptions under Sections 11 and 12 become unavailable, and income is calculated under standard tax provisions. Donations or aid exceeding Rs. 50,000 to an individual are taxable under Section 56(2)(x). Additionally, the approval under Section 80G may be revoked, and accreted tax could be levied under Section 115TD.
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