https://www.taxtmi.com/caselaws?id=471875 Approval under section 80G(5) cannot be denied merely because a trust's objects permit financial assistance to Indian students pursuing education abroad. Where grants are released in India, in Indian rupees, to Indian students and no foreign-currency remittance occurs, the income is applied in India. A student's subsequent use of the grant abroad does not amount to application of income outside India for section 11 purposes. In the absence of an adverse finding on the genuineness of activities, amendment of the object clause is not required to satisfy section 80G(5)(i), and refusal of approval is unjustified. en-us Fri, 31 Oct 2025 00:00:00 +0530 Tue, 22 Sep 2026 08:17:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471875 Approval under section 80G(5) cannot be denied merely because a trust's objects permit financial assistance to Indian students pursuing education abroad. Where grants are released in India, in Indian rupees, to Indian students and no foreign-currency remittance occurs, the income is applied in India. A student's subsequent use of the grant abroad does not amount to application of income outside India for section 11 purposes. In the absence of an adverse finding on the genuineness of activities, amendment of the object clause is not required to satisfy section 80G(5)(i), and refusal of approval is unjustified. Case-Laws Income Tax Fri, 31 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471875