hereinabove. The said trust was only
required to carry out the objects of the trust and spend the trust
funds for charitable purposes ... trust, the assets of the
trust remaining after satisfying of debts and liabilities shall be
transferred to another charitable trust whose objects are similar
object of non-charitable nature into
a charitable one, consent of beneficiaries is not required in the case of
a public charitable trust, this ... competent to delete any object though some other charitable
object can be added without detriment to the original objects. The
13 ITA NOs.3536 & 3537
Trust and found that the objects of the Trust which are prescribed under clause 4 almost all the objects are in the nature of charitable ... from the properties, should be applied solely for charitable purposes. The trust was a valid charitable trust."
9 The facts in the present case
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
other
expenses which are incidental to and connected
with the objects of the charitable trust are
allowable. Accordingly, Ground Nos. 6 and 9
are decided ... against the person responsible but the charitable
institution cannot be denied exemption which depends
upon objects of the trust. This view
charitable purposes of the trust.
(ii) That the activities of the trust are not charitable though the trust
deed refers to charitable objects. For example ... trust or institution is charitable in
nature. The question whether a trust is charitable or not has to
be examined with reference of its object
religious and charitable trust
and that the Ld. CIT(A) ought to have held the trust to be a
religious & charitable trust ... crucially dependent
upon the objects of the trust and genuineness of its activities.
Once it is found that objects are charitable and activities
are genuine
show that the assessee trust carried out
charitable activities during the year under consideration as per charitable
objects of the trust but the assessee could ... assessee were for the charitable purpose and in consonance
with the objects and permissible charitable activities of the trust as per trust
deed
toward a
charitable object inasmuch as the entire activity of publication is an activity intended for
the objects of the trust (listed as under) which ... other objects of the trust, though
they have been referred to and, therefore, we hold that the objects of
the trust, as a whole, were
Trusts Act,
1882 . The said Act governs only private Trust. As a public
charitable trust, the assessee is not entitled to invest trust funds ... trust deed, it was contended by him that the trust was not formed for
profit and all the objects of the trusts are charitable
