Charitable Trusts Eligible for S. 12-AA Registration Based on Proposed Activities, Not Just Actual Work: Supreme Court

The Supreme Court has ruled that charitable trusts are eligible for Section 12-AA registration based on their proposed activities, not just their actual work. This decision provides clarity on the registration process for charitable trusts. It allows trusts to obtain registration based on their plans for charitable activities, even if they have not yet commenced operations. This ruling encourages the establishment of charitable organizations and promotes philanthropic activities.