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
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
person in receipt thereof--
.................
(c) in the case of a trust for charitable or religious
purposes or a charitable or religious institution,
any income thereof ... defines "charitable purpose". The last
portion thereof includes "advancement of any other object of
general public utility". It is accepted position
Delhi Development Authority & Anr. vs Uoi And Anr on 10 September, 2012
Author: Sanjiv
Commissioner Of Income Tax vs Shri Vishwa Vigyan Telugu Linguistic ... on 6 March, 2012
Author
Easter Industries Limited vs Union Of India on 14 May, 2012
Author: Sanjiv Khanna
Bench
Anand Education Society vs Director General Of Income Tax ... on 2 February, 2012
Author: Sanjiv
Director Of Income Tax vs Society For Development Alternatives on 9 January, 2012
Author: Sanjiv
