society cannot be distributed among the members of the
society. On the dissolution of the society its all movable and immovable
assets are required ... noted from the trust deed that at the time of dissolution of the
trust, the movable and immovable property of the assessee society would
Shri Panchyati Dharamshala
criteria, particularly when it is a case of a trust or society and it is with reference to a
fiscal statute ... Society
Registration Act, 1958 . Sec. 14A of this Act provides that upon dissolution of the society
all the assets shall go to the State Government
distribution of assets on the dissolution of a firm,
body of individuals, or other association of persons, where such
dissolution had taken place ... company,
or
(d) under a transfer to a revocable or an irrevocable trust, or
(e) under any such transfer as is referred to in clause
only be dissolved with the constant of State Govt. and on the
dissolution of the society its all movable and immovable assets are
required ... application of income or carrying on of any activity by the
trust. The Court further held that the CIT may at this stage examine
whether
