non-genuine?
[B] Whether the Appellate Tribunal is correct in law and on
facts in (holding that any income which relates to the 8 Trusts
non-genuine?
[B] Whether the
Appellate Tribunal is correct in law and on facts in (holding that
any income which relates to the 8 Trusts
objects of the Trust or the activities of the Trust were
not genuine or any doubt arose in respect of the genuineness of the
activities ... event of any its conclusion that activities of
Trust are not genuine or not being carried out in accordance with
the objects, can direct cancellation
Trust were not genuine and
were not being conducted in accordance with the objects of the
Trust and therefore, the Trust had lost the status ... stated to be non-genuine.
(ii) It was noted that purpose of acquiring land was for
expanding educational activities of the Trust. The payment
objects of the Trust or the activities of the Trust were
not genuine or any doubt arose in respect of the genuineness of the
activities ... event of any its conclusion that activities of
Trust are not genuine or not being carried out in accordance with
the objects, can direct cancellation
opinion that the creation of trust
was not genuine. This was primarily on the basis that no trust-deed
was found at the time ... inquiries with the notary public to establish the
non-genuineness of the trust deed. The Tribunal also took into
account other facts, such as that
opinion that the
creation of trust was not genuine. This was primarily on the basis
that no trust-deed was found at the time ... inquiries with the notary public to
establish the non-genuineness of the trust deed. The Tribunal also
took into account other facts, such as that
opinion that the
creation of trust was not genuine. This was primarily on the basis
that no trust-deed was found at the time ... inquiries
with the notary public to establish the non-genuineness of the trust
deed. The Tribunal also took into account other facts, such as that
opinion that the
creation of trust was not genuine. This was primarily on the basis
that no trust-deed was found at the time ... inquiries with the notary public to
establish the non-genuineness of the trust deed. The Tribunal also
took into account other facts, such as that
right in holding that the
donations received by the respondent-
assessee-Trust would be its exempt income
from tax, if the assessee had satisfied ... view of the Assessing
Officer and CIT [A] that such donations
were non-genuine ?"
[Akil Kureshi, J.]
[B.N Karia, J.]
Prakash
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