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
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
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 ... perusal of cl. (3) of the trust deed we find that
the objects of the trust are charitable in nature and are in tune with
objects of the trust
and it would be seen that all amounts received have been
utilized for the objects of the trust.
The Ld. Further ... charitable trusts which are registered u/s
12AA . Giving the financial assistance to charitable colleges is
one of the objects of the trust.
The arrangement
charitable trust would eventually benefit the
members of the society. If the constituent of the trust engage in
some genuine charitable activity which may benefit ... charitable in
nature. Merely because the trust consists of Urologist Doctors
and the charitable activity may mutually benefit those members,
the object itself would
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
trust is being spent for charitable purposes or the trust is
earning profit while granting registration. He is only required to
examine the objects ... objects being not charitable in nature.
Though the ld CIT(E) has mentioned that assessee has to prove
that its objects are charitable in nature
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
part of the registered Trust Deed which
are as under:
3
ITA 5616/Del/2015
New Moradabad Charitable Trust
"OBJECTS OF THE TRUST ... term 'charitable purpose' as under:
5
ITA 5616/Del/2015
New Moradabad Charitable Trust
" Section 2(15) :
"charitable purpose includes relief
