Trust Registration Denial Limited to Non-Genuine Activities or Misalignment with Stated Objectives; Commercial Nature Not Evaluated.

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Full Text of the Document

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....Registration can be rejected only when (a) activities of the trust are not genuine, and (b) that the activities of the trust or the institution are not being carried out in accordance with the objects of the trust or the institution. Whether the activities of the assessee-trust are in the nature of commerce and trade is not to be analysed at the time of granting the registration.....