from religious and charitable trusts has taken
effective measures to minimise misuse of trust funds. As a result, a
charitable trust loses tax exemption ... accomplishing its objects.” The
same judgment also stated that:
“if the object of the trust is advancement of an object of general public utility
objects of the trust for spending the
entire income of the trust properties. The property of the trust was not
held wholly for charitable ... purpose of creating
the trust was to utilise the income of the trust property "partly on
charitable objects and partly towards the maintenance
violated the objects of the trust as wellthe transferring the property of the
trust without any good cause against the interest of trust. Accordingly,
grounds ... Trust changed the original Trust Deeds and it has violated
the objects of the Trust in transferring the property of the Trust. This
finding
further probe into the objects of the
Trust and make an assessment holding that the Trust is not a
Charitable Trust. The learned counsel went ... finding regarding the
charitable trust nature of the Trust cannot be imported into the
Income Tax Act to bring the Trust under the definition
charitable purpose and each of the activities and incidental
objects are to be read along with primary object of the Trust.
It was further held ... clauses of the
Trust Deed, it is axiomatic that primary purpose / objects of
the assessee enumerated in the Trust Deed are charitable in
nature
make out what the objects of the trust are. Nothing more in the trust deed has been said about its objects than that, that ... aside the trust deed and take the petitioner's assertions on its face value that the petitioner-Trust has some charitable objectives, the petitioner
pursuing the objects other than education.
( Vanita Vishram Trust v. Chief CIT , [2010] 327 ITR 121 (Bom)). Even if one of
the objects enables ... institutions established for charitable purposes and trusts including any other legal
obligation or institution being solely for public religious purposes and charitable
purposes, could
Assessee Trusts had donated money not only to
Sri Venkateswara Educational and Health Trust, but also to other Trusts. Such
donations, other than corpus donations ... trust
for carrying out charitable and religious activities. Therefore, it was concluded
that the donations paid by the Assessee Trusts to other trusts are income
Assessee Trusts had donated money not only to
Sri Venkateswara Educational and Health Trust, but also to other Trusts. Such
donations, other than corpus donations ... trust
for carrying out charitable and religious activities. Therefore, it was concluded
that the donations paid by the Assessee Trusts to other trusts are income
that the Sabha is a public Trust and a charitable institution as it is found
with an avowed objective to provide financial and other assistance ... satisfaction that the Trust is
a public charitable Trust and therefore, the suit alleging mismanagement
contrary to the object of the Trust can be entertained
