The Commissioner Of Income Tax vs Cmr Jnanadhara Trust on 15 March, 2010
The Co-ordinate Bench of ITAT, Bangalore
in the case of Dy. CIT vs. CMR Jnanadhara Trust reported in 55
taxmann.com 516 considering the payments of the amounts to the
trustees, out of the trust amount, when the trust was availing the
services of the trustees on account of service rendered by them, there
was a substantial growth of its activity, held it cannot be said that it
contravene section 31(c) of the Act.