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1 result for “charitable trust”+ Section 164(2)clear

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Section 1642

SRI KALIKA NANDAN NIJI KULDEVTA TRUST,PATNA vs. ITO, WARD-6(3), PATNA

In the result, the appeal of assessee is allowed for statistical purposes

ITA 4/PAT/2021[2013-14]Status: DisposedITAT Patna14 Dec 2021AY 2013-14

Bench: Shri A. T. Varkey, Jm]

Section 164

charitable purposes mentioned in the trust deed, such as to give grants to educational Institution, hospitals and to give scholarship to students. Perusal of the Deed of Trust makes it evidently clear that the members do not have any right over any of the assets of the Trust or income derived from the properties held in Trust. It is noted