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Tag: charitable trust registration certificate

Eligibility Criteria for Charitable Trust Registration Under Income Tax Act

The eligibility criteria for charitable trust registration under the Income Tax Act are as follows. The trust must be established for charitable purposes, which include relief of poverty, advancement of education, advancement of religion, and any other object of general public utility. The trust’s activities should be genuine and not aimed at profiting individuals or specific groups. The trust’s income and property should be solely…