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
468
Trustee or Trustees from being paid out of the Trust
fund such remuneration
disallowance of Rs. 7,200 made on account of excessive remuneration to the trustee. We have considered the finding of both the authorities. According ... Income-tax Officer remuneration amounting to Rs. 19,200 granted to Mr. S. M. Shafiq, the trustee was more than 10 per cent
objected to the reasonableness of certain expenditure which were
pertaining to the trustees and held that the same is not binding on the
Commissioner ... 160250/-
Building Rent Rs.840000/-
Remuneration to son of the Trustees Rs.120000/-
Remuneration to Daughter-in-law of the Trustee Rs.120000/-_
Total
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
S.Rm.M.Ct.M. Thiruppani Trust Rep. By ... vs State Of Tamil Nadu, Rep
such Trust which in
the opinion of the original Trustee or the
Board of Trustee has objects similar to the
objects of this Trust ... Trust deed). Although, the "original
trustee" was not "to take any remuneration" for
discharging his duties as a trustee
object, viz., education. The first
and second Trustees or their successors in office of the Board of Trustees,
were given full power and authority ... Clause 13 states that none of the Trustees shall be entitled to draw
any remuneration from the Trust.
4.4.In terms of Clause
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
