liabilities of the Merged
Trust as from the appointed day
mentioned above.
10. The Jnana Bharathi Trust-The
Merging Trust, shall stand dissolved ... constitute a Trust as the transaction is merely
a merger of one Trust with another Trust and
the properties owned by the Merging Trust
Commissioner Of Income-Tax vs Insaniyat Trust (Now Merged With ... on 18 April, 1988
Equivalent citations: [1988]173ITR248(GUJ)
Author: S.B. Majmudar
Bench ... JUDGMENT
R.C. Mankad, J.
1. The assessee is a public charitable trust. The assessment year under consideration is 1973-74, the corresponding previous year
different charitable
trusts namely (1) Laxmiben Cheda charitable trust, (2) Lodha
charitable trust, and (3) Business Concern For Better
Maharashtra have merged in the above ... trust and therefore the
approval are in the name of the entity Sitaben Shah Memorial
trust. Assessee also submitted copies of trust deed of merged
petitioner was continuing on deputation in
the City Improvement Trust, the Trust was merged with the
State Housing Board, respondent No.3. On 29.3.72 orders ... petitioner continued in the City Improvement Trust,
on deputation. Meanwhile the City Improvement Trust was
merged with the Kerala State Housing Board, respondent
question of merger is a factual one, wherein the
merging trust continues to exist unless specifically dissolved under the
statute. Furthermore, without following Section ... play when the Charity Commissioner is of the opinion
that trusts must be merged due to mismanagement, however in the present
matter the merger
2017
M/s. Aarcee Exports Pvt. Ltd
(merged with Padmavati Properties & Trust P.Ltd)
depreciation on intangible asset and prayed to allow these grounds ... 2017
M/s. Aarcee Exports Pvt. Ltd
(merged with Padmavati Properties & Trust P.Ltd)
5% per annum has been charged and claimed
belonging to these churches were being administered by
their registered Trusts and did not merge with CNI; that from 1825,
Anglican Parish have been worshiping ... Commissioner by holding that FDCB had not been
dissolved and that merging trust continued to exist unless specifically
dissolved under the Statutes of the Societies
necessity of
registration of the Trust as Society arose due to the repeal
of Bombay Public Trust Act, 1950 . The learned counsel
submitted that respondent ... educational institutions by
the Trust would enure to the benefit of the society and
whether the property of the Trust merged with the Society
question of merger is a factual one, wherein the merging trust continues to exist unless specifically dissolved under the statute. Furthermore, without following Section ... FDCB was a society as also a trust, therefore, it could only be dissolved and merged after following the procedure prescribed under
question of merger is a factual one, wherein the merging trust continues to exist unless specifically dissolved under the statute. Furthermore, without following Section ... under the Act, 1860 as also a trust under the BPTA. It could only be dissolved/merged as per the provisions of the said Acts
