stood immediately before its amendment by the Taxation
and Other Laws (Relaxation and Amendment of Certain
Provisions) Act, 2020 ), within three months from ... 2024
Assessment Year: 2023-24
Shalimar Chemical Charitable Trust
Amendment brought to section 80G of the Act by Taxation and Other
Laws (Relaxation and Amendment
Rattan Trust (1997) 227 ITR 356(SC) wherein it was held that the mandate
regarding investment of income of trust with the persons prohibited ... having been introduced subsequent to 1st April, 1962 by
amendment of trust by the trustees in exercise of power conferred on
them, the first proviso
trust or institution and the genuineness of the activities of the trust, he has to pass an
order in writing registering the trust or institution ... genuineness of
the trust, or as to the activities of the trust not being in accordance with the objects of the trust,
the question
Rattan Trust (1997) 227 ITR 356(SC) wherein it was held
that the mandate regarding investment of income of trust with the
persons prohibited ... having been introduced
subsequent to 1st April, 1962 by amendment of trust by the trustees in
exercise of power conferred on them, the first proviso
Gokuldham Seva Trust, Asansol vs Cit(Exemptions), Kolkata, Kolkata on 12 May, 2017
IN THE INCOME TAX APPELLATE TRIBUNAL "C" BENCH : KOLKATA
[Before ... hearing was adjourned to 20.07.2016 to enable the assessee
to file amendment to trust deed. The case was again fixed for hearing on 02.08.2016.
According
Gokuldham Seva Trust, Asansol vs Cit(Exemptions), Kolkata, Kolkata on 12 May, 2017
IN THE INCOME TAX APPELLATE TRIBUNAL "C" BENCH : KOLKATA
[Before ... hearing was adjourned to 20.07.2016 to enable the assessee
to file amendment to trust deed. The case was again fixed for hearing on 02.08.2016.
According
principles of natural justice .
4. He further submitted that necessary Amendment in the Trust
Deed has already been done , vide a Deed of Modification dated ... activities
carried out by the Trust and regarding the issue of absence of
irrevocable clause in the Trust Deed, proper and reasonable time
part of the corpus of the trust or institution shall not be considered as income of the trust. The Board's Circular ... Trustees of Kasturbai Scindia Commission Trust [1991] 189 ITR 5/57 Taxman 38. The position after the amendment is a fortiori. In the present cases
known on the date of the deed creating a trust. When the above amendment has been brought about by the Finance (No. 2) Bill ... arrangements in such a manner that a discretionary trust is converted into a specific trust whenever it suits them tax-wise. In order to prevent
creature of the Port Trust Act . It is undisputed that the income of
the Port Trust was earlier exempted being a local authority ... subsequent amendment by the Finance Act, 2003 the income of the assessee Trust
became taxable. It is noted that the assessee in the relevant assessment
