Question ID : 1191
Exemption to charitable trust U/S 12A and 80G,renewal refused,cancelled
A Charitable truat was granted exemption U,S 12A and 80G 2000 for three years.When application was filed for renewal of 80G ,CIT cancelled exemption from 2000 and also refused renewal U,S 80G on technical grounds:
1.Trust is for a particur religious community the trust deed it was mention tha A dharamsa (Bhawan) to be constructed to be used preferably by Agarwal community and by others as well for social functions.
2nd was purchased by founders their name before creation of trust but had cuse that it will be used only for construction of Bhawan.
3.Trust deed contas as schedule full particurs of nd .Though a cuse was serted for a release deed favour of trust ,but registrar said this not required,
4.As usually happens name pques on rooms are given for major donors.CIT says donation is misused.
Please advise steps to be taken and justification
of the grounds. '
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