2002 (7) TMI 798

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... 256(1) of the Income-tax Act, 1961 ('the Act'), the Tribunal has referred the following question for the opinion of this Court: "Whether, on the facts and in the circumstances of the case, the Tribunal was right in holding that even if the assessee trust is assumed to be a valid charitable trust at the inception, in any case, it ceased to be a charitable trust, as it indirectly carried o....