https://www.taxtmi.com/highlights?id=47157 Registration u/s 12AA - there is no provision for any type of free or concessional education to the poor and needy students rather the clauses in the Agreement makes it binding on the trust not to offer any discounts or concessions, trust cannot even grant credit to the needy students in case of financial crisis and the interest is chrgeble on day to day basis - Such type of activity cannot be considered as charitable activity - no registration en-us Thu, 13 Jun 2019 06:42:06 +0530 Wed, 12 Jun 2019 18:53:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=47157 Registration u/s 12AA - there is no provision for any type of free or concessional education to the poor and needy students rather the clauses in the Agreement makes it binding on the trust not to offer any discounts or concessions, trust cannot even grant credit to the needy students in case of financial crisis and the interest is chrgeble on day to day basis - Such type of activity cannot be considered as charitable activity - no registration Highlights Income Tax Thu, 13 Jun 2019 06:42:06 +0530 https://www.taxtmi.com/highlights?id=47157