TMI Blog2002 (7) TMI 798X X X X Extracts X X X X X X X X Extracts X X X X ..... 61 ('the Act'), the Tribunal has referred the following question for the opinion of this Court: "Whether, on the facts and in the circumstances of the case, the Tribunal was right in holding that even if the assessee trust is assumed to be a valid charitable trust at the inception, in any case, it ceased to be a charitable trust, as it indirectly carried on a profit-earning activity by havi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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