https://www.taxtmi.com/caselaws?id=20386 Receipt of fixed deposit receipts as a corpus donation by a charitable trust does not amount to lending of the trust's income or property to a person covered by section 13(3) unless the trust itself parts with funds or property through a loan or similar lending transaction. On that basis, the statutory conditions for deeming benefit under section 13(2)(a) were not satisfied, and the same reasoning applied to section 13(2)(h). A corpus donation, by itself, is therefore outside those anti-abuse provisions when no lending by the trust is shown. en-us Mon, 22 Feb 1993 00:00:00 +0530 Fri, 13 Nov 2009 16:15:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20386 Receipt of fixed deposit receipts as a corpus donation by a charitable trust does not amount to lending of the trust's income or property to a person covered by section 13(3) unless the trust itself parts with funds or property through a loan or similar lending transaction. On that basis, the statutory conditions for deeming benefit under section 13(2)(a) were not satisfied, and the same reasoning applied to section 13(2)(h). A corpus donation, by itself, is therefore outside those anti-abuse provisions when no lending by the trust is shown. Case-Laws Income Tax Mon, 22 Feb 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20386