amendment to the section
created a distinction between charitable object and non-
charitable object and in view thereof and in view of the
appellant having ... trust, the mere fact that the
activities of the trust yield profit will not alter
the charitable character of the trust. The test
main or primary objects are distributive, each and every
one of the objects must be charitable in order that the trust or
institution might ... applied is whether the object which is said to be non-charitable
is a main or primary object of the trust or institution
Chhuttani Charitable Trust (hereafter
referred to as 'petitioner-Trust') came into being. As per Article 4 of the
Trust Deed, the objects ... made
to a charitable trust exemption from payment of income tax
and if a donor makes donations to a trust with charitable
purpose as spelled
amount claiming that the nature of the trust was
'Public Charitable Trust' with the objective of promotion of Punjab,
Punjabi and Punjabiat ... main or primary objects are distributive, each and every
object must be charitable in character to enable the trust or the
institution to be held
delete the addition treating the assessee as a registered
trust with charitable objects. Hence the instant appeal by the appellant-
revenue.
3. We have heard ... officer to delete the addition
treating the assessee as registered trust with charitable objects. The relevant
findings recorded by the Tribunal read thus
object of a public or charitable nature, the trustees shall not carry out such object or objects as if the same are not incorporated ... objects of the trust clearly indicates that in case either of the objects of the trust is held not to be an object of public
this object has come first in the list of objects, the lower authorities treated that as the main object of the assessee-trust. The approach ... objects, it cannot be concluded that it is the main object of the trust. Whether the object of the trust has been stated
Repayment of debt incurred for purposes by a
charitable trust and loans advanced by educational
trusts -Application of income.
Section 11 of the Income ... assessee, i.e., Maharana of Mewar Charitable
Foundation, which was a public charitable trust. During the
previous year relevant to the assessment year
once
the predominant purpose and objects of the trust were charitable in nature.
It is accordingly submitted that in view of the observations ... once the Trust was having other objectives which were not related to the
charitable purposes, no fault could be found in the decision of respondent
petitioner trust is
being used for charitable purposes, as per the object of trust or
not. Learned Commissioner refused to grant renewal of
exemption only ... income. If
income is being utilised for charitable purposes as per the
object of the trust/society, then exemption ordinarily cannot be
refused.
13. Learned
