TaxTMI 
TaxTMI 
1930 (5) TMI 19
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....ood Borah tribe, located at Nagpur. The community have, apparently, a common stock, all the property being vested in the head of the sect. The property is utilized in part in carrying on a series of shops, the profits of the trade being treated as part of the income of the community. 2. In the Courts below the appellant rested upon certain trust deeds executed, one on 25th August, 1917, and the o....
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....purposes, the income applied or finally set apart for application thereto. 4. A glance at the documents on which the appellant has founded himself in the Courts below makes it plain that the income of the trust property is applicable to purposes, many of which are neither religious nor charitable. It is only necessary to refer to one or two of the clauses of the first deed to establish that propo....
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.... 5. Nor is it suggested that any part of the property is set aside for any charitable or religious purposes, so that it can be identified as appropriated exclusively to such purposes. 6. In these circumstances the conclusion which has been arrived at by the Court below seems to their Lordships to be correct. 7. It perhaps is right to add that it was suggested that some comfort could be found by....