Amending its objects to clarify certain things has no impact on trust’s registration; SC dismissed SLP

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Amending its objects to clarify certain things has no impact on trust’s registration; SC dismissed SLP

IT: SLP dismissed against High Court ruling that where objects in original trust deed were sufficiently wide and covered range of charitable activities relatable to education, medical aid and help to poor in times of calamities, registration of assessee-trust could not be denied for amended objects clarifying running of diagnostic centre on no profit basis
Section 2(15), read with section 12AA, of the Income-tax Act, 1961 – Charitable purpose (Medical aid) – Objects in original trust deed were sufficiently wide and covered range of charitable activities relatable to education, medical aid and help to poor in times of calamities and, thus, existing objects enabled assessee-trust to support activities of diagnostic center as long as it was done for charitable purpose – Amended objects clarified that such center would run on no charge, or at any rate on no profit basis – High Court by impugned order held that it was difficult to see how Commissioner concluded that activities through such diagnostic center would be a commercial venture; therefore, Tribunal was justified in allowing registration to assessee-trust – Whether Special leave petition filed against impugned order was to be dismissed – Held, yes
Paramount Charity Trust

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