objects of the trust and
the powers of the trustees and held that though the objects as per the trust deed
were undoubtedly charitable, clauses ... carried on by the trust are utilised by the trust for the purposes of
achieving the objectives of the trust, then the business should
name of the Trust, namely P.Iya Nadar Charitable Trust. The Trust was registered on 20.8.1956. The following are the objects of the Trust ... various objects of the Trust. The match factory, which was given to the Trust on 01.10.1980, was leased out by the Trust
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
even though the trust not entitled to claim exemption since the trust has twin objectives which are both charitable and religious in nature?
2. Whether ... income of the Trust. Therefore, the said provision would be applicable to both the Trusts established with the object of charitable as well as religious
Pyari Devi Charitable Trust vs . State Of Nct Of Delhi. on 24 November, 2012
Ram Pyari Devi Charitable Trust Vs. State of NCT of Delhi ... Pyari Devi Charitable Trust Vs. State of NCT of Delhi.
Order
1. Trustees of Ram Pyari Devi Charitable Trust, Head Office at B50,
Gulmohar
case cited supra. The Nizam of
Hydrabad created a trust for charitable and religious objects, some of which
had to be effectuated in the taxable ... objects, and the trustees are
given an unfettered discretion to apply the income for an object which is
not a charitable object, the entire income
public charitable trust, on 30.5.1987 created a trust under the name and style of Nadigar Sangam Charitable Trust (hereinafter referred to as "Trust ... Place of functioning of the Trust and the Objects of Nadigar Sangam Trust would clearly show that Nadigar Sangam Charitable Trust is nothing but another
trust. The property
must be held under trust and such holding of the property under
trust must be wholly for charitable or religious purposes. Thus ... held under trust wholly for the alleged
charitable purposes. The property was not held by it under trust
wholly for the alleged charitable purposes
acres 10 guntas.
The third respondent is a registered public charitable trust
with objects, inter alia, of improving the educational and socio-
economic conditions ... follows:
The third respondent is a registered Public Charitable Trust.
It is established with an object of improving the educational and
socio-economic conditions
fixed assets utilised for the charitable objects of
the trust.
7. By the time the appeal came to be heard by the CIT(Appeals ... regards the claim of depreciation on fixed assets
utilised for charitable objects of the trust, he accepted the assessee‟s
claim on the basis
