Money Transferred to Unregistered Trust cannot be treated as applied for Charitable Purpose

Maharaja Ranjit Singh War Museum Society Vs CIT (Punjab And Haryana High Court)

The issue under consideration is whether the Money Transferred to Unregistered Trust Can be Treated as Applied for Charitable Purpose?

High Court states that, under s. 11(1)(a), income held under trust for charity, to the extent that such income is applied for charitable or religious purposes will be exempt from income-tax. Where the income or the entire income is not so spent,

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