under
trust wholly for charitable or religious purposes shall not be included in
the total income of the Trust.
Term "Charitable Trust ... helping the trust objects as deemed fit by
the trustees".
The Tribunal also noted that the objects were admittedly charitable
in nature. The surplus
Commissioner has not considered the objects of the Trust. The Tribunal found that the objects of the Trust are charitable and placed reliance ... trust, that considering the number of charitable trusts that are being registered, the appropriate authority will scrupulously verify the individual charitable trust and take action
fact that
the objectives of trust are genuine and charitable in nature.
The trust is engaged in various charitable activities like
feeding poor children ... Commissioner. Once the trust
deed produced in the case shows the objectives of the Trust
is charitable and the material on record, shows that
trust which must wholly for the charitable or wholly religious
purposes. If the institution or trust are engaged into the mixed object
which are partly ... 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
trust came into existence by a declaration of trust deed
dated 10.07.1998, a public charitable trust, under the name and style of Shambhala Charitable
Trust ... find place in the objects
of Trust. The object of the Trust under clause no.3 of the Deed of Trust dated 10.07.1988
is reproduced
appellant trust are purely incidental or
subservient to the main object of the Trust which is a "charitable
purposes".
4. On the facts ... trust or institution. As such, even though the objects of
the trust may no longer be regarded as toward a charitable purpose
trust and the powers given to the trustees to effectuate the
purpose of the trust. Though the objects of the trust were charitable, they
were ... Thanthi Trust (supra)
wherein the trust carried on the business of a newspaper and that business
itself was held under trust. The charitable object
were cumulative and not alternative,that the trust deed
contained charitable as well as non-charitable commercial objects such as of computer center,
Industrial ... found that as per the DIT-E the trust had charitable as well as non charitable objects,
that it immaterial in what manner these objects
trust, the mere fact that the activities
of the trust yield profit will not alter the charitable character of the trust.
12. Thus based ... main or primary objects are distributive, each and every one of
the objects must be charitable in order that the trust or institution
entitled to claim that its object is charitable purpose. In such a case,
the object of 'general public utility' will be only ... objects; of the assessee-trust, there
was no defined dominant charitable purpose in the trust deed to which
the said objects would serve as ancillary
