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Thursday, April 20, 2017

In absence of trust deed CIT cannot consider Trust Registration Application

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In the present case, the assessee was not having any trust deed. So it is quite difficult for the ld. Commissioner to arrive at a firm conclusion about the objects of the trust. In case the trust deed is being written after application for grant of registration, then that deed can never be seen through by the ld. Commissioner for satisfying himself.

April 20, 2017 at 07:32AM

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from editor2

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