Held that salary paid to trustee cannot be compared with the quality of work rendered by the employees of the Trust. The salary being reasonable the denial of exemption was set aside. (AY. 2015-16)
Mukat Educational Trust v. Dy.CIT(E) (2021) 90 ITR 63 (SN.) (Chd.)(Trib.)
S. 11 : Property held for charitable purposes-Benefit to related parties-Salary paid to chairman of trust-Held to be reasonable-Denial of exemption was held to be not justified. [S. 13(1)(c), 13(3)]