Trust's registration can’t be denied on mere fact that part of gross receipts not expended in accordance with objects

INCOME TAX : SLP dismissed against High Court ruling that where undisputedly 71 per cent of receipt of trust were spent in accordance with its object, merely a partial expenditure, which was for religious purposes would not make trust non-genuine

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000195361/trusts-registration-can’t-be-denied-on-mere-fact-that-part-of-gross-receipts-not-expended-in-accordance-with-objects.aspx