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Jan Kalyan Charitable Trust, Mumbai vs Assessee on 9 July, 2014 cites

Delhi Stock Exchange Association Ltd vs Commissioner Of Income Tax, Delhi on 30 November, 1960

As regards the merit of the objection/s, it shall be readily seen that the relevant grounds in fact represent a single ground as the second (at para 4.2 (b) above) is only consequential to the first (at 4.2 (a)). The objection is valid in principle, and toward which we may refer to the decisions by the apex court in Delhi Stock Exchange Association Ltd. vs. CIT [1997] 225 ITR 235 (SC) and CIT vs. Palghat Shadi Mahal Trust [2002] 254 ITR 212 (SC). So, however, the question is if the assessee's object/s is not charitable, or commercial, in nature. The ld. DIT(E) has not specified the impugned objects, listed at clause 5 of the Trust Deed (PB pgs.3-22). A reference to its 23 sub- clauses, however, reveal the following objects to have been considered by him as imbued with non-charitable character in-as-much as his objection bears reference to, howsoever briefly, their contents:
Supreme Court of India Cites 1 - Cited by 68 - J L Kapur - Full Document

Commissioner Of Income-Tax vs Palghat Shadi Mahal Trust on 19 July, 2001

As regards the merit of the objection/s, it shall be readily seen that the relevant grounds in fact represent a single ground as the second (at para 4.2 (b) above) is only consequential to the first (at 4.2 (a)). The objection is valid in principle, and toward which we may refer to the decisions by the apex court in Delhi Stock Exchange Association Ltd. vs. CIT [1997] 225 ITR 235 (SC) and CIT vs. Palghat Shadi Mahal Trust [2002] 254 ITR 212 (SC). So, however, the question is if the assessee's object/s is not charitable, or commercial, in nature. The ld. DIT(E) has not specified the impugned objects, listed at clause 5 of the Trust Deed (PB pgs.3-22). A reference to its 23 sub- clauses, however, reveal the following objects to have been considered by him as imbued with non-charitable character in-as-much as his objection bears reference to, howsoever briefly, their contents:
Supreme Court of India Cites 4 - Cited by 20 - Full Document
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