Trust Denied 12A Registration Due to Restrictive Structure, Incompatibility with Charitable Requirements Highlighted.

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....Registration u/s 12A refused - charitable activities - it is militates against the legal principal that the social enterprises cannot be a direct recipient of money from a corporate as it is a profit making company and it is also clear that the composition of the trust is restrictive in nature and to that extent not amenable to the public charity. - AT....