Commissioner Of Income-Tax Cent.Ii vs A.N.Dyaneswaran on 3 September, 2007
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trust itself indicated that it belonged to a particular religious community. The object of the trust included not only charitable purposes but also religious purposes ... Trust was created and the objects of the Trust were mentioned in Clause (2) of the Trust Deed. It had almost a dozen of objects
that under Section 11 of the Act, income of a trust held wholly for charitable or religious purpose is exempt. The assessed did not lend ... requires very strictly that the trust should use their funds only for the charitable objects for which they have been set up and they cannot
assessed was not entitled to accumulate income for the objects of the Charitable Trust without specifying the purposes for which the income is accumulated ... objects as far as its trust deed, a copy of which has been placed on record, is concerned. The trust deed requires the trust
specific object or society etc. ceasing to exist.
-If any public trust is created for a specific object of a charitable or religious nature ... trust shall not be deemed to be void only on the ground- (a) that the performance of the specific object for which the trust
genuineness of the objective carried on by the assessee. The assessee in this case is a society charitable trust under the Societies Registration ... George Educational Trust v. The objects of the trust having
Director of IT (Exemption) (2006) 9 accepted as charitable and
SOT 636 (Bang) genuine
appellant trust by erroneously holding that apparently the appellant trust has not been performing the charitable activities as per its aims and objects for which ... trust.q
(iii) That no expenditure of whatsoever nature has been spent by the trust for the objects; of the trust right from its creation
view that the assessee could not apply 75% of income towards charitable purposes. However, the assessee sought the accumulation of income Under Section ... only when there is short application of income towards object of a charitable or religious trust. Therefore, unless the income of every assessment year
prevent frivolous suits being filed in respect of the trusts relating to religious or charitable objects. Whatever may be the purpose, the Judgments cited above
Koppal. The deceased was also the Chairman of Sri Gavisiddeshwara V.V. Trust, Koppal.
8. According to the plaintiffs on 20.5.1991, Sangappa executed another will ... trust called Sri Sangappa Pampanna Gadagshettar Trust on 28.5.1994. It is alleged that though the trust and its objects appeared philanthropic and charitable, the same