2008 (5) TMI 232 - HC - Income Tax

Trust spent a sum for repairing & colouring of Lord Vishnu’s temple – CIT hold that Trust had incurred expenditure exceeding 5% of its total income on a particular religion, hence Trust was not entitled to renewal of exemption u/s 80G – held that Revenue is not allowed to take a narrow approach that character of charitable trust was lost if one particular expenditure was made for such/above purpose and that too by way of contribution to another trust - Order of Commissioner is set aside