1987 (1) 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

....r section 256(2) of the Income-tax Act, 1961, for directing the Tribunal to refer the following questions of law: "(i) Whether the Appellate Tribunal was right in holding that the assessee-trust as originally constituted could not be regarded as a charitable trust entitled to exemption under section 11 of the Act ? (ii) Whether, on the facts and in the circumstances of the case, the Tribunal....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ing power contained in clause (xxx) of the trust deed did not cover clause III which was the objects clause and that once a trust had been founded with certain objects, those objects could not be deleted even by the founder of the trust though it was possible to add some other charitable objects without any detriment to the original objects and thus the deed of rectification dated January 31, 1969....