https://www.taxtmi.com/caselaws?id=69036 The tribunal ruled in favor of the charitable trust, holding that the income from the sale of new year cards was not taxable under section 11(4A) of the IT Act. The tribunal found that the trust's activities were aligned with its charitable purpose of supporting poor and destitute children, emphasizing the fundraising nature of the card sales. As a result, the tribunal directed the deletion of the addition made to the trust's income, exempting the income from taxation. en-us Thu, 31 May 1990 00:00:00 +0530 Mon, 04 Apr 2011 17:07:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69036 The tribunal ruled in favor of the charitable trust, holding that the income from the sale of new year cards was not taxable under section 11(4A) of the IT Act. The tribunal found that the trust's activities were aligned with its charitable purpose of supporting poor and destitute children, emphasizing the fundraising nature of the card sales. As a result, the tribunal directed the deletion of the addition made to the trust's income, exempting the income from taxation. Case-Laws Income Tax Thu, 31 May 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69036