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
under Section 12A of the IT Act, 1961 as a charitable organisation. The objects of the assessed have been reproduced in the order ... trust is a charitable trust is not in dispute because the AO has recorded that he had considered the activities of the trust as charitable
purpose or purposes to be specified cannot be beyond the objects of the trust. Plurality of the purposes for accumulation is not precluded ... achieve the object for which the assessed was incorporated. It is not the case of the Revenue that any of the objects of the assessed
