Sreenivas Charitable Trust vs The Deputy Commissioner Of Income-Tax, ... on 27 October, 2005
Equivalent citations: [2006]280ITR357(MAD)
Author: P.D. Dinakaran
Bench ... involved in the appeal is 1998-99. The assessee is a Charitable Trust enjoying the exemption under Section 11 of the Income
called the beneficiary; the subject-matter of the trust is called trust-property or trust-money; the beneficial interest or interest of the beneficiary ... crystal clear that a Trust (an organisation) can be created by the founder of the Trust and such Trust (organisation) is an artificial person having
Rukmani College of Education, run by
Rukmani Educational and Charitable
Trust, No.208, National Highway,
Mangalapuram Post,
Kadayanallur627 751,
Tirunelveli District ... Thirumuruga Kirupananda Variyar Thavathiru Sundara Swamigal Medical Educational & Charitable Trust -vs- State of Tamil Nadu, 1996 (3) SCC 15; and Jaya Gokul Educational Trust
Muthiah Chettiar Family Trust, M. Ct. Trust and S. RM. M. Ct. M. Thiruppani Trust. The assessment years involved in all the three cases ... from one charitable trust to another charitable trust for utilisation by the latter trust towards its charitable objects would amount to application of income
primary purpose of the trust or institution;
(c) in the case of a trust for charitable or religious purposes or a charitable or religious institution ... Agastyar Trust v. CIT [1963] 48 ITR 673 (Mad), that the Trust having been formed as a multipurpose trust with objects religious or charitable mixed
petitioner-trust is not an institution. On the other hand, the petitioner-trust is a trust created for a public charitable purpose, falling in section ... petitioner-trust as it is not a trust wholly for public religious purposes, but it is a trust created for public charitable purposes.
15. Further
plaintiff. Rukmani Devi Arundale in or about 1936, as a public charitable trust. She was the Founder life trustee Director of the Trust. She nominated ... trust that the Society was but an extended arm or aide of the said Trust to carry out the object of the said Trust with
follows:
Charitable trusts are public trusts, both under the English and Indian Law; in England a religious trust being a form of charitable trust ... private trust and a public trust, we shall refer to some other essential features of a public trust. If it is a public trust whether
executed a deed of declaration of trust whereby he constituted a trust called "Thanthi Trust" and transferred thereto the property, namely, the business ... charitable and non-charitable purposes and the trustees had a discretion to apply the income to any of the objects, charitable or non-charitable objects
Court held (in paragraph-10) that a Trust for erection of Goshala is a Trust for Charitable and Religious purposes, according to Hindu ... carrying out certain religious or charitable purposes. With the escalation of prices, the religious and charitable trusts are not in a position to carry
