Donations made to school in Nepal as per terms of trust deed is valid; no cancellation of Trust registration: HC

INCOME TAX : Where in relevant assessment year, Commissioner cancelled registration of assessee-trust retrospectively on ground that activities of assessee were not in accordance with objects of trust as it made donations outside India, in view of fact that at first instance registration was granted by then Commissioner on 14-12-1995 after examining clauses of trust deed and found activities of trust to be genuine and impugned donations were made as per terms of trust deedINCOME TAX : Where in relevant assessment year, Commissioner cancelled registration of assessee-trust retrospectively on ground that activities of assessee were not in accordance with objects of trust as it made donations outside India, in view of fact that at first instance registration was granted by then Commissioner on 14-12-1995 after examining clauses of trust deed and found activities of trust to be genuine and impugned donations were made as per terms of trust deedwww.taxmann.com Latest Case LawsRead More

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