charitable nature
of the trust. In fact, the objects of the trust as declared in the trust deed, were all
charitable objects and there ... trust. That itself brings the trust into existence with charitable
8
ITA No.647/Kol/2013
M/s. Broadway Charitable Trust.
objects. Moreover, there
where the main or primary objects are distributive, each and
every objects must be charitable in order that the trust or institution may be upheld ... another
trust. A perusal of the trust deed of the petitioner produced on record shows that objective of
the trust was clearly charitable
case the assessee is a charitable trust duly constituted under the
Deed of Trust and no flaw in its objects has been brought ... Charitable Trust to another for utilization by the donee-trust towards its
charitable objects is proper application of income for a charitable purpose. In
view
main or primary objects are distributive, each and every one of the objects must be charitable in order that the trust or institution ... main or primary objects are distributive, each and every one of the objects must be charitable in order that the trust may be upheld
accordance with the objects of the trust.
Thus, even if the trust is a genuine one i.e., the objects are genuine, if the activities ... genuineness of
the trust, or as to the activities of the trust not being in accordance with the objects of the trust,
the question
trust were genuine and these were conducted in
accordance with the objects of the trust and the amount was used for the charitable
purpose ... charitable
trust by the DIT (Exm) on 07.03.2001. The assessments we note thereafter
were completed on the footing that the appellant was pursuing charitable
objects
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
Trust can be said to be not genuine.
The Trust is admittedly pursuing the objects for which it was established When the trust
is engaged ... accordance with the objects of the trust. Thus, even if the trust is a genuine one, i.e., the
objects are genuine, if the activities
trust is being spent for charitable purposes or the trust is earning profit while
granting registration. He is only required to examine the objects ... trust could be ascertained. From perusal of cl. (3) of the trust deed we
find that the objects of the trust are charitable in nature
documentary evidence that whether he has fulfilled objects of the trust,
that is, what objects of the trust have been fulfilled by the assesse have ... objects of the trust therefore how the repayment of the said
loan can become for the objects of the trust and for the purpose
