https://www.taxtmi.com/caselaws?id=62537 The judgment allowed the appeal, directing the assessing officer to grant exemption under Section 11 to the appellant trust. The court found that the trust's actions were in furtherance of its charitable objectives, with the rental and deposit being lower than those paid by other tenants, indicating the transaction was not excessive. The court concluded that the trust did not violate the provisions of Section 13, maintaining the benefit to the public. en-us Mon, 18 Feb 1991 00:00:00 +0530 Thu, 20 Jan 2011 13:05:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62537 The judgment allowed the appeal, directing the assessing officer to grant exemption under Section 11 to the appellant trust. The court found that the trust's actions were in furtherance of its charitable objectives, with the rental and deposit being lower than those paid by other tenants, indicating the transaction was not excessive. The court concluded that the trust did not violate the provisions of Section 13, maintaining the benefit to the public. Case-Laws Income Tax Mon, 18 Feb 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62537