Charitable Trust Loses Tax Exemption as 78% Funds Spent on Religious 'Bhagwat Katha'; Approval Withdrawn u/s 80G(5.

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....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....