“Section 16(10)”

PANDHI CHARITABLE TRUST ,MUMBAI vs. CIT(EXEMPTION), MUMBAI

In the result, the appeal filed by the assessee is allowed for statistical purposes

Bench: Shri Om Prakash Kant & Shri Raj Kumar Chauhanpandhi Charitable Trust Vs. Cit (Exemption) 303, Mint Chambers, 45/47, Mint R. No. 601, 6Th Floor, Cumballa Road, Fort, Mumbai-400 001 Hill, Mtnl Te Building, Pan: Aaatp9226F Pedder Road, Dr. Gopalrao Deshmukh Marg, Cumballa Hill, Mumbai-400 026

money and not the place in which the objects of the trust may become effective. It may be pertinent to refer to section 16(10) which exempts scholarships granted to meet the cost of education where also the CBDT itself does not consider scholarship granted for education abroad as money

K M & S K TRIVEDI CHARITABLE TRUST,MUMBAI vs. CIT(EXEMPTION),MUMBAI, MUMBAI

In the result, the appeal filed by the assessee is allowed for statistical\npurposes

nK.M. & S.K. Trivedi Charitable Trust\nITA No. 409/Mum/2025\nthe objects of the trust may become effective. It may be pertinent\nto refer to section 16(10) which exempts scholarships granted to\nmeet the cost of education where also the CBDT itself does not\nconsider scholarship granted for education abroad