High Court held, that without properly examining the activities carrying on by the assessee-trust and utilisation of the surplus funds received by it, in the light of the documents furnished, the Tribunal, merely referring to the objects of the assessee, opined that the purpose of the assessee was nothing but education. Such reasoning of the Tribunal without proper verification of the requisite materials could not be countenanced. The order of the Tribunal was not valid. Matter remanded to Tribunal.