religious and charitable
trust subject to provisions of Section 13 . The activities of
11
the trust under such objects would therefore be entitled to
exemption ... facts
after analysing the objects of the trust that the respondent-
trust is a public religious trust and its objects are solely
religious in nature
Charitable trust--Registration under s. 12AA --Charitable purpose
vis-a-vis trust formed for implementing CSR activities of the
settlor company--Though the main ... profit-making company to
the charitable trust, cannot make the activities of the trust non-
charitable--Fact that the CSR expenditure is not allowable
expenditure
trust
purposes and that the capital expenditure had been incurred for the objects, as
per the object clause of the trust. Under these circumstances ... charitable trust and any income earned
by the trust, would only subsequently be applied towards the objects of the trust
i.e. charitable purposes. Therefore
trust
purposes and that the capital expenditure had been incurred for the objects, as
per the object clause of the trust. Under these circumstances ... charitable trust and any income earned
by the trust, would only subsequently be applied towards the objects of the trust
i.e. charitable purposes. Therefore
that the assessee trust was constituted
under the Deed of declaration of Trust dated 13/11/1991 with the
charitable object of imparting education. Soon ... that the assessee trust was constituted
under the Deed of declaration of Trust dated 13/11/1991 with the
charitable object of imparting education
assessee still remains as a
charitable institution and would lose charitable nature only in the event
that main object of education is lost. He argued ... attainment of the object of the trust. He submits the assessee's main
object is education, being charitable activity and sale of books
assessee still remains as a
charitable institution and would lose charitable nature only in the event
that main object of education is lost. He argued ... attainment of the object of the trust. He submits the assessee's main
object is education, being charitable activity and sale of books
religious trusts to
use their funds for charitable purposes. According to the AO, if a religious trust utilizes
its funds for charitable activities and receives ... trust is registered as charitable trust undersection 12 A of the
Act . After the construction of the building theassesse trust is running Educational
Institute
furtherance of the Assessee-trust's educational
objectives and in pursuance of his services to theAssessee-trust.
19. Furthermore, it is submitted that ... contentions:
37. Investments are made in pursuance to the charitable objects of the
Assessee-trust. The said investments are done as valid application of income
assessee Trust is a public charitable Trust with main aim is to
provide education in Diploma Engineering all disciplines; to achieve this
objects the assessee ... other than the object of the Trust, it can be
reasonably held that assessee violated the basic objects for which trust is
created. In view
