Any activity carried out by the Trust which is not as per the conditions, subject to which it was registered, will be considered as Specified Violation
Under Explanation to Sec 12 AB(4), clauses (a) to (g) of Income Tax Act, a number of events are stated which is considered as “Specified Violations”.
- One of the event is when any activity carried out by the Trust is not genuine or is not being carried out in accordance with the conditions subject to which it was registered. [Clause (e)]
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