https://www.taxtmi.com/caselaws?id=66049 The Tribunal dismissed all appeals, affirming the company's qualification as a charitable institution under section 2(15) of the Income-tax Act. Despite provisions for dividends, the company's activities focused on public utility and served a wide cross-section of the public, meeting the definition of charitable purpose. The Tribunal emphasized that the primary objective of the company determined its classification, leading to the conclusion that the company was entitled to exemption under section 11 of the Act. en-us Thu, 19 Apr 1990 00:00:00 +0530 Mon, 21 Feb 2011 11:00:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66049 The Tribunal dismissed all appeals, affirming the company's qualification as a charitable institution under section 2(15) of the Income-tax Act. Despite provisions for dividends, the company's activities focused on public utility and served a wide cross-section of the public, meeting the definition of charitable purpose. The Tribunal emphasized that the primary objective of the company determined its classification, leading to the conclusion that the company was entitled to exemption under section 11 of the Act. Case-Laws Income Tax Thu, 19 Apr 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66049