Trust's registration couldn't be denied on mere fact that part of gross receipts 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://ift.tt/3jRqKAB