public charitable trust. Sri P.Iyya Nadar settled certain
properties at Sivakasi in favour of the assessee Trust. The Trust was
accordingly formed ... Trust and the income derived from the business of the Trust
was utilised for carrying out the various objects of the Charitable Trust and
therefore
into consideration the dominant and primary object of the trust to decide its character whether it is for charitable purpose or not, allowed the appeals ... objects of the assessee, but an activity carried on to fulfil the objects of the trust and the income earned by the trust by such
into
consideration the dominant and primary object of the Trust to decide its
character whether it is for charitable purpose or not, allowed the appeals ... object of the assessee, but an activity carried
on to fulfil the object of the Trust and the income earned by the Trust by
such
Commissioner of Income Tax
Chennai. ..Appellant in both T.Cs.
Vs.
Seethakathi Trust
688, Anna Salai,
Chennai. ..Respondent in both ... utilised the funds of the Trust for purposes that are not in consonance with the objects of the Trust, is not the assessing officer right
Commissioner Of Gift Tax - I vs M/S. Sakthi Charities on 20 February, 2006
Bench
