availability of
exemption in hands of charitable Trusts of amounts paid as donation to
other charitable Trusts. The CBDT has instructed as follows ... charitable trust to
another for utilisation by the donee trust towards its charitable objects is
proper application of income for charitable purpose in the hands
assessee is a public charitable trust created under a Deed of Trust
dated 8th July 2021. The Trust was formed by Sri S Shyamsundar ... appellant-trust qualifies to be a charitable trust as well.
Accordingly, it is to be allowed the status of a religious and
charitable trust
Educational & Charitable Trust
trust is also running a hospital at Banur, Punjab. Since, the objects of the
assessee trust being charitable within the meaning ... 2018
Gian Sagar Educational & Charitable Trust
A Charitable trust conduct must be at par with its
provision of trust deed
from the fact that
said trust objects are charitable in nature similar to the objects of
assessee trust and the loan has been used ... further submitted that M/s. Star
Educational Trust is a public charitable trust with the objective of
providing education to public at large. The mere
gross receipts is factually not correct.
A Charitable Trust can make donation to another Charitable Trust having
16 I.T.A. Nos. 586/Chny ... achievement of the object of the
trust it would be incidental to the achievement of the object of the trust
notwithstanding the profit and gain
such public charitable Trusts, temples, etc., for poor feeding and also
to offer donations to such Public charitable trusts with similar
objects.
(b) To arrange ... other trusts, temples, etc., for poor feeding and also to offer
donations to such public charitable trusts with similar objects.
(c) Likewise to allot funds
income of the succeeding years?
3. The assessee is a charitable trust with objects to identify eligible
beneficiaries for the purpose of nurturing, promoting, encouraging ... abroad and other objects to secure compliance of the
above main object. The Assessee was granted recognition as charitable
trust
assessee has referred to the objects of the assessee
society/ trust and submitted that the objects of the assessee trust includes
the preservation of environment ... objects of
the trust. It is pertinent to note that once the objects of the assessee trust
are found to be charitable in nature then
charitable trust to another for
utilization by the donee trust towards its charitable objects
is proper application of income for charitable purpose in
the hands ... considered view that
inter-trust donation by one charitable trust to another for utilization
by the donee trust towards charitable objects is proper application
From the aforesaid objects of the Trust and other Objects as mentioned in the Trust
Deed which are Charitable in nature it is evident that ... charitable trust are categorized by section 13(1) in three categories namely (1)
private religious trusts; (2) charitable trusts and; (3) trusts which are carrying
