Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

1987 (1) TMI 6

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... al to refer the following questions of law: "(i) Whether the Appellate Tribunal was right in holding that the assessee-trust as originally constituted could not be regarded as a charitable trust entitled to exemption under section 11 of the Act ? (ii) Whether, on the facts and in the circumstances of the case, the Tribunal was right in holding that, in the absence of any power of revocation or .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e III which was the objects clause and that once a trust had been founded with certain objects, those objects could not be deleted even by the founder of the trust though it was possible to add some other charitable objects without any detriment to the original objects and thus the deed of rectification dated January 31, 1969, deleting the objectionable objects could not be said to be valid in law .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates