1992 (8) TMI 17

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....as been referred to this court by the Appellate Tribunal, relating to the assessment years 1973-74 and 1974-75, for its opinion : "Whether, on the facts and in the circumstances of the case, the Income-tax Appellate Tribunal is correct in holding that the assessee-trust was a charitable trust for the assessment years 1973-74 and 1974-75 ?" The facts as gleaned from the order of the Appellate....

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....ear 1974-75. Cross appeals were filed before the Appellate Tribunal, one by the Revenue for the assessment year 1974-75 and the other by the assessee for the assessment year 1973-74. Both the appeals were decided by the Appellate Tribunal in favour of the assessee-trust, holding that the object of the trust, namely, spending money on the marriage of girls belonging to the Khatri community, was ....

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....irls of the Vaisya community and there this court held that to make a purpose charitable, it is not necessary that it should be beneficial to the poor only and what is required is benefit to a section of the public as distinguished from specified individuals. This court also observed that marriage of children is considered as one of the obligatory actions of Hindus and is a religious duty of a hig....