trust shall be applied for the aims and objects of the trust. He
submitted that the aims and objects and purposes of the trust have ... objects of the assessee trust were based on religious tenets. The
objects of the assessee trust as mentioned in the trust deed were to
arrange
trust deed, then the trust would become a
charitable trust, so also a religious trust or it can be addressed as a charitable
religious trust ... objects of the
assessee-trust as contained in the trust deed. It is only the objects of a trust
as declared in the trust deed
held that as long as the objects of the trust are charitable in character and purposes mentioned
in Form No.10 are for achieving ... achieving the objects of the trust, and
that the purposes as well as objects, are both charitable. Merely because more than one
purpose has been
main or primary objects are distributive, each and
everyone of the objects must be charitable in order that the trust or
institution might be upheld ... applied is whether
the object which is said to be non-charitable is a main or primary
object of the trust or institution
trust in carrying out any of the objects of the
trust including the object which is not a religious or charitable nature the income
derived ... charitable nature. [ CIT v. Jaipur
Charitable Trust , (1971) 81 ITR 1,9 (Delhi), affirmed, (1976) 103 ITR 777 (SC);
Zenith Tin Works Charitable Trust
appeals)
Page 9 of 41
Contrary to the aims and objectives of a charitable trust, the assessee trust
is doing trade and business of colonizer ... business activities are
incidental to the attainment of its objective. The charitable or religious
trust will no longer lose complete exemption from income -tax. However
which was not one of the objects of the
trust. The AAC held that trust was partly charitable and partly
religious. When the matter reached ... Ghulam Mohidin Trust (supra). In that
case it was held that as per the objects of the trust it was partly
charitable and partly religious
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 ... said charitable group trust but the trust invested in
the group finance company the entire amount and purchases its shares. No charitable
trust under
objects
recognized by the Act to be charitable object.
15. The assessee before us, as per the objects of the Trust Deed,
had been created ... objects of the assessee trust as
indicated in object cls. 3(1) and 3(2) of its trust deed were of
charitable nature and since
religious and
charitable trust subject to provisions of section 13 . The activities of the
trust under such objects would therefore be entitled to exemption
accordingly ... 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
