objects because sometimes bad
elements enter into the trust as trustees to grab the trust
and its properties which are so much common and your ... power to
appoint and remove trustees and secretaries so that bad
people doing do not survive. This spirit of the clause
should be viewed with
respect of unaccounted cash found and seized from the residence of trustees of assessee. In the quantum appeal, we have dismissed the revenue ... relief granted to assessee, therefore, this ground for cancellation no more survive before us. Secondly, the unaccounted payment of Rs. 8 lacs made
changes in the objects, the original registration
under section 12A did not survive. Reference was made to judgment of Hon'ble
High Court ... students belonging to the Modh community. After demise of the original
trustees, the new trustees thought it fit to open admission to all the students
assessment year 2004-05 and advanced
Rs.77,05,004/- to trustees without charging any interest from them which
violated ... discussed supra.
(i) The first ground being general, it doesn't survive for adjudication.
(ii) The second ground that 'the assessing officer ought
assessment year 2004-05 and advanced
Rs.77,05,004/- to trustees without charging any interest from them which
violated ... discussed supra.
(i) The first ground being general, it doesn't survive for adjudication.
(ii) The second ground that 'the assessing officer ought
respect of unaccounted cash found and seized from the
residence of trustees of assessee. In the quantum appeal, we have dismissed
the revenue ... relief granted to assessee, therefore,
this ground for cancellation no more survive before us. Secondly, the
unaccounted payment of Rs.8 lacs made
trustees, they can make amendment and the
amendment at any rate will be operative only prospectively. Therefore
there is no taboo on trustees amending ... facts and circumstances of the case, we find
that the only surviving defect pointed out by the Commissioner was
6 Page of 6
ITA. 1799
trustees, they can make amendment and the
amendment at any rate will be operative only prospectively. Therefore
there is no taboo on trustees amending ... facts and circumstances of the case, we find
that the only surviving defect pointed out by the Commissioner was
6 Page of 6
ITA. 1799
Rakeshbhai K.Patel, Ahmedabad vs Assessee
IN THE INCOME TAX APPELLATE TRIBUNAL
AHMEDABAD BENCH "
M/S Venkatesha Education Society , ... vs Assessee
IN THE INCOME TAX APPELLATE TRIBUNAL
"B
