https://www.taxtmi.com/caselaws?id=70387 The case focused on the eligibility for exemption under section 11 for income derived from a business held in trust for supporting educational activities. The court considered the conditions under sub-section 4A of section 11, which limited the exemption for profits and gains of business for charitable trusts. It was held that the income from the handicraft business did not meet the conditions of sub-section 4A for exemption under section 11. Additionally, the court addressed the claim for deduction under section 80L, ruling in favor of the assessee being treated as an individual for claiming the deduction. en-us Fri, 29 Dec 1989 00:00:00 +0530 Fri, 15 Apr 2011 18:33:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70387 The case focused on the eligibility for exemption under section 11 for income derived from a business held in trust for supporting educational activities. The court considered the conditions under sub-section 4A of section 11, which limited the exemption for profits and gains of business for charitable trusts. It was held that the income from the handicraft business did not meet the conditions of sub-section 4A for exemption under section 11. Additionally, the court addressed the claim for deduction under section 80L, ruling in favor of the assessee being treated as an individual for claiming the deduction. Case-Laws Income Tax Fri, 29 Dec 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70387