1996 (10) TMI 6

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... it under section 256 of the Income-tax Act, 1961 : "(1) In the facts and circumstances of the case whether the Tribunal was justified in finding that the object of the assessee-trust is the advancement of an object of general public utility not involving the carrying on of an activity for profit and hence the object of the trust is for a charitable purpose within the meaning of section 2(15) o....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....d in Dharmadeepti's case [1978] 114 ITR 454 (SC) and the objects concerned herein are in pari materia. Be that as it may, in view of the aforesaid finding of the Tribunal it is not possible to hold that the main object of the trust is to carry on the business. It is necessary to mention that so far as the judgment of the High Court is concerned it does not assign any specific reason for departi....