without concatenating the complementary
clause 16 permitting the set off of remuneration to trustees as a charge on the receipts of
the appellant trust ... application of mind when the subject matter of payment
of remuneration to trustees was adumbrated during assessment proceedings and
prohibition in clause
without concatenating the complementary
clause 16 permitting the set off of remuneration to trustees as a charge on the receipts of
the appellant trust ... application of mind when the subject matter of payment
of remuneration to trustees was adumbrated during assessment proceedings and
prohibition in clause
section 13(2)
apply.
4.5 No remuneration is paid to trustees of the Appellant or the EC members of GPIS
or to GPIS ... learned AO it
was clarified that trustees were not paid any remuneration and the context/genesis of
GPIS was explained too.
5.4 Employees of GPIS
Trust. Further,
according to him, the clause which enabled the trustees to provide
reasonable remuneration, did not go against Section ... allowed, for the benefit of
the Trustee or Trustees except for payment of any reasonable
remuneration for any services rendered to the Trust
Dcit, Central Circle 1(1), Chennai vs Vellore Institute Of Technology, ... on 14 November, 2018
entrusted to
him or them.
16. The original trustee or trustees shall not take any
remuneration for discharging his or their duties ... trustee or trustees provided that this provision shall
not preclude a trustee or trustees from being paid out
of the Trust fund, such remuneration
approached. Although, charitable institutions earn surplus, if the
promoters or the trustees or members of such a charitable institutions
are precluded from ... that, there is an absolute
embargo on any benefits or remuneration to the trustees or their
relatives. It is not also the case
lakhs by way of remuneration to
its director. Mrs. R. Ispahani, one of the trustees of the appellant trust and the
further fact of construction ... Tamil
Nadu Real Estates Ltd., remuneration paid to a director who is also a trustee,
applicability and genuineness of agreements and resolutions relied upon
holding that the
remuneration of Rs.12.00 lakhs paid to a trustee, was not a violation
investing in trustee securities and making of deposits in approved banks. The exception to the above rule is on the commission or remuneration payable
