case law- Trust

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Manish (Querist)
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09 September 2008 Kindly provide me details of the folowing case (sec 12A/12AA) Sanjeevamma Hanumanthe Gowda Charitable Trust v. Director of Income-tax (Exemptions) (2006) 285 ITR 327 (Karn)

CA. Amit Daga

CA. Amit Daga (Expert)
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10 September 2008 yar google mai search karo sab mil jayega

Taxguy

Taxguy (Expert)
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10 September 2008 The CIT and ITAT held that the appellant was not carrying on any charitable service in just letting out the marriage halls and earning rent, the Commissioner while rejecting the 12AA enquired only into these details and not what he ought to have done. The section actually requires to Commssioner to go into the application of the funds of the trust whether such application is charitable in nature or not how the trust is getting fund for the charitable service. It is only the application of the funds of the trust that has to considered and not the source of the funds of the trust.

The court found that the DIT had not considered the objects at all and there were no comments as to the charitable nature of the objects.

I do not think you need a copy of the judgement.

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