2013 (11) TMI 976

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..... ed not be any dissolution clause in the trust deed – Decided against Revenue. - Tax Appeal No. 918 of 2013 - - - Dated:- 11-11-2013 - M. R. Shah And R. P. Dholaria,JJ. For the Appellant : Mr. Manish Bhatt, Advocate For the Respondent : Mrs. Mauna M. Bhatt, Advocate ORDER (Per : Honourable Mr. Justice M. R. Shah) [1] Feeling aggrieved and dissatisfied with the order dated 1 .....

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..... tion certificate under section 80G(5) of the Income Tax Act which was, as such, valid for the period from 23rd May 2001 to 31st March 2004. Thereafter, the assessee / trust applied for exemption certificate under section 80G(5). The same came to be rejected and the said order has been set aside by the learned Tribunal by impugned judgment and order and the matter is remanded to the first authority .....

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..... e / trust which was valid for the period from 23rd May 2001 to 31st March 2004, we see no reason to interfere with the impugned order. However, the proposed question of law whether for the purpose of exemption certificate under section 80G(5) of the Income Tax Act, there is requirement of dissolution clause in the trust deed, is kept open and we do not express any opinion on the same. [5] In the .....

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