Saiary given to trustees:-
Shri Sangram Mudali and Smt Geetika Mudali, being the trustee
members receive substantial salary from the trust. This salary
is given ... para-6 of trust deed dated 25.08.1995, the trustees
shall not be entitled to any remuneration for their services. But ,
Mr. Sangram Mudali
Bank employees on honorary basis. Even the trustees of
the Trust are not being paid any remuneration for the same.
e) The bank of India ... Bank employees on honorary basis. Even the Trustees
do not get any remuneration for looking after the affairs of the Trust. It is
pointed
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
statement is observed that the trust has
made various payment to the trustees on 20.08.2013 23.08.2013
and 27.08.2013 and the same has not been disclosed ... assessee states that section 13(3) covers only
remuneration or allowance paid to the trustees and applicant trust
has paid only sitting fees. The assessee
assessment year 2007-08 is with regard to
disallowance of remuneration paid to Mr. Jayson Joy and Mr. Job M. Joy. The
assessee claimed payment ... dismissed by the Assessing Officer on
the reason that these are trustees of the assessee and have no professional
qualification for claiming such honorarium/salary
total consultancy fees of Rs.53,44,934/- paid to
four trustees. In this regard, the Assessing Officer observed that the
consultancy fess paid ... shifted his
private practice to the trust hospital. Looking at the remuneration
generated by Dr. Kandekar for the assessee trust, it could not be
established
Maharashtra Cricket Association, Pune vs Cit-1, Pune on 28 September, 2018
आयकर अपीऱीय अधिकरण
The J.K. Trust Bombay, Mumbai vs Cit (E), Mumbai on 25 July, 2018
आयकर
Shyamal Chattopadhyay, ... vs Sasha Association For Craft Producers, ... on 15 June, 2018
आयकर अपील य
The Fine Arts Society, Mumbai vs Dy Director Of Income Tax (Exemptions) - ... on 4 July
