https://www.taxtmi.com/caselaws?id=35838 A rectification decree relating to a trust deed operates retrospectively, so the instrument must be read in its corrected form from original execution unless fraud or collusion is shown. Applying that principle, the rectified deed was treated as effective from the outset and was not displaced by the earlier interpretation. On the rectified terms, the trust's dominant objects, including housing and related facilities for workmen and other persons in need, together with education, medical relief and general public utility purposes, were sufficiently definite and fell within recognised charitable purposes. The trust was therefore treated as a public charitable trust and its income as exempt. en-us Thu, 20 Feb 1975 00:00:00 +0530 Wed, 17 Mar 2010 11:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35838 A rectification decree relating to a trust deed operates retrospectively, so the instrument must be read in its corrected form from original execution unless fraud or collusion is shown. Applying that principle, the rectified deed was treated as effective from the outset and was not displaced by the earlier interpretation. On the rectified terms, the trust's dominant objects, including housing and related facilities for workmen and other persons in need, together with education, medical relief and general public utility purposes, were sufficiently definite and fell within recognised charitable purposes. The trust was therefore treated as a public charitable trust and its income as exempt. Case-Laws Income Tax Thu, 20 Feb 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35838