only based on
objects of the trust, but also on genuineness of activities of the trust. Though
the trust objects are charitable in nature ... considered as charitable purpose, though the nomenclature states
that the trust is charitable trust. Though the trust is registered as public
charitable trust, in reality
charitable trust giving donation to inter charitable trust. It was
submitted that it is a well settled position that when a charitable donation amount ... charitable trust to another for utilization
by the donee trust towards its charitable objects is proper application of income for
charitable purpose in the hands
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 deed as the objects of the trust, however, the trust at that time
was carrying out only the last mentioned object of the trust ... held that the object of the assessee-trust (Lok
Shikshana Trust) was "the advancement of any other object of
general public utility
business activities are incidental to the
attainment of its objective and the charitable or religious trust will no
longer lose complete exemption from income ... lays down certain
conditions regarding application of income by the trust on charitable
objects which should be fulfilled before claiming exemption under that
section. Therefore
fees
collection from the objects of the trust is less than its expenditure
incurred towards object of the trust and assessee has incurred huge
deficit ... assessee
is a public charitable trust registered under Bombay Public Trust Act,
1950 in the year 1953 with the object of promoting sports activities
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
objects are
regarding education and from sub-clause (l) to (m) the object is providing
medical facilities. In sub-clause (n) the charitable object ... objects for accumulation of unspent income out of 19
objects mentioned in the trust deed and it was the case of revenue that
the objects
carried on by the trust
are utilized by the trust for the purposes of achieving the objectives of the trust,
then the business should ... Thanthi Trust (supra), wherein the
trust carried on the business of a newspaper and that business itself was held
under trust. The charitable object
trust is being spent for charitable purposes or the trust is earning profit while
granting registration. He is only required to examine the objects ... trust could be ascertained. From perusal of cl. (3) of the trust deed we
find that the objects of the trust are charitable in nature
