same trust deed and there has been no change in the trust deed, He also pointed out that procedural amendment in the form of insertion ... same trust deed and there has been no change in the trust deed. He also pointed out that procedural amendment in the form of insertion
trustees to hold property in the trust for the benefit of public at large, the
trust by its amendment clause in the trust deed ... correspondence between the
appellant trust and the revenue, trust deed in Kannada along with English
translation, supplementary trust deed dated 22.4.2002, certificate
noticed that the assessee had carried out amendment to the Trust
Deed without prior approval of the department. For the above
reasons ... trust were
excessive and unreasonable.
12. With regard to the amendment of trust deed, the DIT(E) was of
the view that the assessee ought
postal ballot process of
unitholders. However the same is
regarding proposed amendment
of Trust deed dt 20.4.1989,
alongwith deed of modification ... taken a narrow view and contends that merely
pertains to the amendment of trust because the deed pertains to year 1989 and 2004,
deed dated
1761-1766/Bang/2018
M/s.Bandanthamma Mathu Kalamma Trust.
3.13 Levy of Interest Under Section ... assessee, we have to analyze the relevant provision, viz., the
amendment to section 12A by the Finance Act, 2014 with effect
from
Year: 2011-12
Akshay Educational & Social Welfare Charitable Trust
trust or institution and amendment of definition of income
contained in section ... trust or institution shall be excluded from the total
income of the trust or institution. For understanding the background of
this amendment, it will
This is the first year of the Trust and there is no activity;
7. The Trust has not received any donation since inception ... Trustee with regard to distribution of
funds on Dissolution of the Trust; amendment in the Trust Deed
and also investment as prescribed
examine the issue whether inclusion of any new
objects by an amendment to trust-deed is to be construed as an
illegality which would disentitle ... trust,
instead of that trust has been doing other activities. As observed
earlier, activities performed or objects of the assessee-trust are
concerned, they
created a trust for the temple and the property available with the temple was made a part of the trust. A trust deed so framed ... private trust. While concluding his arguments, the learned authorised representative submits that the trust is a public and religious trust created before
which was
tiled pursuant to amendment in objects of
the Trust;
Treatment of activities as not genuine and
not in accordance with objects
2. erred ... facts of the case, that the trust is a genuine trust
registered long back but due to amendment in various objects
dated 28.12.2017, certain details
