9 results for “section 68”+ Section 56(1)clear
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Bench: SANDEEP MEHTA,KULDEEP MATHUR
1)(c). The amount paid to the erstwhile trustees were for the construction of infrastructure. It was submitted that no benefit arises to the erstwhile trustees through the payment of Rs. 14,54,59,169/- made to them by the Trust. Such benefit would have been there, if it was diversion of Trust funds by virtue of section