1999 (3) TMI 34

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....HMY J.--At the instance of the Revenue, the following questions have been referred to us for our consideration : "(1) Whether, on the facts and in the circumstances of the case, the Appellate Tribunal is right in law in holding that the donation of Rs. 31,050 made by the assessee to another institution, would tantamount to application of income for charitable purposes, thus satisfying the requi....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....lied the money for charitable purposes was entitled to exemption without having to show how the money had been dealt with by the transferee institution. This court has answered the question referred there in favour of the assessee and against the Revenue. Following the aforesaid decision of this court and for the reasons stated therein, we answer the first question referred to us in favour of t....