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2014 (2) TMI 654 - AT - Income TaxDeduction u/s 80G(5) of the Act – Held that:- The assessee did not dispute that the assessee trust exists and was established having dominant objects, which are religious in nature and for the benefit of Hindu community - the assessee did not exist for the charitable purpose only - The conditions of section 80G(5) are not satisfied – Relying upon Commissioner Of Income-Tax, Central I, Calcutta Versus Upper Ganges Sugar Mills Limited [1984 (12) TMI 61 - CALCUTTA High Court] - Section 80G of the Income-tax Act, 1961, sets out the deductions to be made, in accordance with and subject to its provisions, in computing the total income of an assessee in respect of donations to certain funds, charitable institutions, etc - The CIT has given specific finding that dominant objects of the assessee trust are religious in nature and for the benefit of Hindu community – thus, the assessee did not exist and established for charitable purposes - It is clear that the assessee has failed to satisfy the conditions of section 80G(5) of the IT Actand is not entitled for approval under the provisions – Decided against Assessee.
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