transferred to "The Willingdon Charitable Trust".
4. In view of the above background, The Willingdon Charitable Trust was created and managed ... attainment of the objects of the trust. It is seen from the records that the main objects of the trust are charitable and the exploitation
assessee is a charitable trust formed vide trust deed dated
15.07.2024. As per the trust deed, the objects of the trust are as listed below ... objects as stated in
the main object of the trust it is clear that the assessee trust is established for
charitable purposes. Further clause
assessee trust has been
registered as a charitable trust, it has not been carrying on any
charitable activities in accordance with the objects proclaimed ... principal charitable activities.
The assessee has proclaimed five objectives as principal
charitable objectives and two objects [objects (e) and (g)] to carry
on business incidental
public
charitable trust formed on 12.04.2006 evidenced by a registered trust
deed bearing registration no. 34 of 2006. The objects of the trust deed ... himself that
the object of the Trust are genuine and that its activities are in furtherance
of the objects of the Trust, that is equally
does not mean that either the objects were
not charitable or the assessee was not a charitable trust.
There is no prohibition for a charitable ... objects of the trust have to be
taken into consideration by the authority and the
objects of the trust could be read from the trust
assessee,
albeit in many cases through other similarly placed
charitable Trusts, having charitable objects particularly of
the first three limbs ... object for which it was established. According to
the Ld. counsel, the Assessing Officer cannot say that the object of
the trust is not charitable
trust
were covered by cl. (c) of the objects clause of the
trust deed. It was added that the above object did not
involve ... charitable objects. In case the
Trust has a surplus income it cannot be spent on any
object other than the objects of the Trust
that the assessee trust
had objects other than educational objects was also not
material..."
Pinegrove International Charitable Trust vs. Union
of India and Others ... trust notwithstanding the profit and gain
involved therein..."
CIT vs. Janakiammal Ayyandar Trust - 277 ITR 274
(MAD)
"... Charitable purposes - charitable trust - exemption -
businesses
assessee still remains as a
charitable institution and would lose charitable nature only in the event
that main object of education is lost. He argued ... attainment of the object of the trust. He submits the assessee's main
object is education, being charitable activity and sale of books
assessee still remains as a
charitable institution and would lose charitable nature only in the event
that main object of education is lost. He argued ... attainment of the object of the trust. He submits the assessee's main
object is education, being charitable activity and sale of books
