1992 (8) TMI 17

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..... sessment years 1973-74 and 1974-75, for its opinion : "Whether, on the facts and in the circumstances of the case, the Income-tax Appellate Tribunal is correct in holding that the assessee-trust was a charitable trust for the assessment years 1973-74 and 1974-75 ?" The facts as gleaned from the order of the Appellate Tribunal are that a trust was created by a deed dated December 1, 1959, which .....

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..... he Revenue for the assessment year 1974-75 and the other by the assessee for the assessment year 1973-74. Both the appeals were decided by the Appellate Tribunal in favour of the assessee-trust, holding that the object of the trust, namely, spending money on the marriage of girls belonging to the Khatri community, was charitable and the assessee-trust could not be characterised as non-charitable o .....

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..... itable, it is not necessary that it should be beneficial to the poor only and what is required is benefit to a section of the public as distinguished from specified individuals. This court also observed that marriage of children is considered as one of the obligatory actions of Hindus and is a religious duty of a high order; giving financial and other help on the occasion of marriage is regarded a .....

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