Tribunal held that since there was no authorization in trust deed about the payment of remuneration, so remunerations paid by trust to employees was not sanctioned in trust deed, same was not correct as per law, hence is same is not allowed for deduction. ( AY. 2007 -08, 2009-10)
Shalom Charitable Ministries of India v. ACIT (2018)171 ITD 338/195 TTJ 340/( 2019) 177 DTR 22 (Cochin)(Trib.)
S.37(1) : Business expenditure -Trust – No authorization in trust deed to pay remuneration – Remuneration paid by trust to its employees is not allowable .