Charitable trust definition clarified by substituting explicit 'trust for charitable purposes' to align statutory language. Clause (b) of the relevant income-tax provision is amended to replace the phrase 'trust or charitable institution' with 'trust for charitable purposes or a charitable institution', the substitution being declared to have always been in effect; the amendment expressly ties the concept of a trust to charitable purposes while retaining charitable institutions within the provision.
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Provisions expressly mentioned in the judgment/order text.
Charitable trust definition clarified by substituting explicit 'trust for charitable purposes' to align statutory language.
Clause (b) of the relevant income-tax provision is amended to replace the phrase "trust or charitable institution" with "trust for charitable purposes or a charitable institution", the substitution being declared to have always been in effect; the amendment expressly ties the concept of a trust to charitable purposes while retaining charitable institutions within the provision.
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