Charitable Trust Loses Tax Exemption as 78% Funds Spent on Religious 'Bhagwat Katha'; Approval Withdrawn u/s 80G(5.

Charitable Trust Loses Tax Exemption as 78% Funds Spent on Religious 'Bhagwat Katha'; Approval Withdrawn u/s 80G(5. https://www.taxtmi.com/highlights?id=3435 Withdrawal of exemption u/s. 80G(5) – Charitable Trust - CIT(A) withdrew approval u/s 80G(5) on finding that Trust has spend about 78% of its total receipt for organizing 'Bhagwat Katha' i.e. activities of religious nature.....- AT en-us Wed, 18 Apr 2012 11:25:46 +0530 Wed, 18 Apr 2012 11:25:46 +0530 TaxTMI RSS Generator Charitable Trust Loses Tax Exemption as 78% Funds Spent on Religious 'Bhagwat Katha'; Approval Withdrawn u/s 80G(5. https://www.taxtmi.com/highlights?id=3435 Withdrawal of exemption u/s. 80G(5) – Charitable Trust - CIT(A) withdrew approval u/s 80G(5) on finding that Trust has spend about 78% of its total receipt for organizing 'Bhagwat Katha' i.e. activities of religious nature.....- AT Highlights Income Tax Wed, 18 Apr 2012 11:25:46 +0530 https://www.taxtmi.com/highlights?id=3435