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
assessee Trust were mixed i.e. religious as well as charitable. As per the
Commissioner, a Trust having charitable as well as religious objects ... applicable only to a
Trust which is wholly charitable or wholly religious and not to a Trust whose
objects are an admixture both religious
Learned CIT did not verified that trust has
incurred expenditure on object of the Trust of about Rs
38,80,000/- in earlier period considering ... case that the
assessee has claimed to have charitable activity as per object of
trust deed. The lesser activities at the relevant point of time
Aims and objects
mentioned in the Trust deed. The trust does not exist for making profits
and the application of the trust funds ... through the
objects of the trust and the genuineness of the activities. There is no
change in the objects of the trust in the meantime
charitable trust and
the objects of the trust are claimed to be educational and medical. The
trust is also registered as a Public Charitable Trust
objects of the Trust were not started. As per the Commissioner,
though the objects of the assessee, as per the Memorandum of Association,
are charitable ... once
the Commissioner was of the opinion that the objects of the assessee Trust
are charitable in nature, mere absence of starting of the activities
argues that the main objects of the assessee trust is imparting technical
education and promote higher education. The assessee trust has
already established its unit ... assessee trust are not charitable. He
submits that the activities of the assessee trust are in compliance with
the objects of the assessee. He pleaded
Sakhar Kamgar Hospital Trust,, ... vs Assessee on 25 February, 2014
IN THE INCOME TAX APPELLATE TRIBUNAL
PUNE BENCH "A", PUNE
BEFORE SHRI SHAILENDRA ... Income Tax Act, 1961, when the objects of the trust are
charitable in nature and when its activities were genuine.
2. The main reason
charitable purpose or that the society is not carrying on its activities in
furtherance of its objects. As a matter of fact, registration ... sufficient proof
of the fact that the trust or the institution concerned is created or
established for charitable or religious purposes. Furthermore, as noted
above
appeal".
5. The Ld. Counsel for the assessee strongly objected to the order
passed by the CIT. Referring to the decision ... income of Trust although the amount spent on acquiring
such assets had been treated as application of income of the Trust in the
year
