Absence of explicit irrevocability and dissolution clauses in trust deed is not ground for denying Section 12AB registration and Section 80G approval
Absence of explicit irrevocability and dissolution clauses in trust deed is not ground for denying Section 12AB registration and Section 80G approval Issue Whether the absence of explicit “irrevocable” and “dissolution” clauses in a trust deed justifies the rejection of an application for registration/revalidation under Section 12AB and approval under Section 80G(5)(ii). Facts The assessee-trust… Read More »