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
passes a sum of money to another charitable trust for
utilization by the donee trust towards its charitable purposes, and that it shall ... medicinal products is not the object of
Hamdard in terms its Trust Deed. Not only are Hamdard‟s objects charitable
but the activities are also
assuming that activities of the trust
that beyond of the objects of the trust which activities
were wholly charitable in nature?
(3) Whether, the Income ... application of income towards the objects of
the trust and exempts income of trusts with objects wholly
charitable or religious or parts of income which
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
such other charitable object or objects as the trustees
may in their discretion consider suitable and proper.
The objects have been mentioned in Clause ... objects
enumerated in clause 6 and clause 7. The words other charitable object
or objects necessarily mean apart from objects set out in clause
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
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
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
