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Trust wasn’t entitled to Sec. 12AA registration if it was merely implementing Govt. welfare schemes: HC

August 9, 2018[2018] 96 taxmann.com 207 (Kerala)
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IT : Where assessee-trust was carrying on business as sub-contractor, implementing welfare schemes of various State Governments, i.e., supplying food to poor school children, on funds earmarked and disbursed by State Governments and there was net profit earned from sub-contract, which funds were accumulated to trust fund activity of assessee confined to such sub-contracts could not be deemed to be a charitable activity and, hence, trust was not entitled to registration under section 12AA

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