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1. Search Case laws by Section / Act / Rule β now available beyond Income Tax. GST and Other Laws Available


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<h1>Charitable Trust Misuse: Loans, Rent, Salaries, Purchases, and Investments Benefiting Interested Persons Over Rs. 1,000</h1> The income or property of a charitable or religious trust is considered to benefit an interested person in several scenarios: when a loan is provided without adequate interest or security, property is used without adequate rent, salary payments are excessive, remuneration for services is inadequate, payments for purchases are excessive, sales are made for inadequate consideration, income or property is diverted with a value exceeding Rs. 1,000, or when there is investment in a concern where an interested person holds substantial interest.