https://www.taxtmi.com/caselaws?id=15345 A charitable trust's entitlement to exemption for donations applied to charitable purposes turned on whether it must prove the end-use by the recipient institution. Relying on earlier HC precedent, it was held that once application for charitable purposes is established, no further proof of the transferee's deployment is required; exemption was allowed and the issue decided against the Revenue. The permissibility of setting off excess application of income in an earlier year against a deficiency in the current assessment year was determined by adopting consistent HC authority holding such inter-year adjustment allowable for charitable trusts; set-off was permitted and the issue decided against the Revenue. en-us Thu, 25 Mar 1999 00:00:00 +0530 Fri, 19 Dec 2025 17:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15345 A charitable trust's entitlement to exemption for donations applied to charitable purposes turned on whether it must prove the end-use by the recipient institution. Relying on earlier HC precedent, it was held that once application for charitable purposes is established, no further proof of the transferee's deployment is required; exemption was allowed and the issue decided against the Revenue. The permissibility of setting off excess application of income in an earlier year against a deficiency in the current assessment year was determined by adopting consistent HC authority holding such inter-year adjustment allowable for charitable trusts; set-off was permitted and the issue decided against the Revenue. Case-Laws Income Tax Thu, 25 Mar 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15345