https://www.taxtmi.com/caselaws?id=71456 The Tribunal ruled in favor of the appellant, a charitable trust, determining that the voluntary chick levy collected from poultry farmers and hatcheries was not income from business activities. The contributions were deemed voluntary and exempt from tax under section 11 of the Income-tax Act. Additionally, the Tribunal found that the trust did not breach provisions related to investments, maintaining its eligibility for exemption. Consequently, the Tribunal set aside previous orders and directed the computation of the trust's income with the exemption under section 11, resulting in success for the appellant in all appeals. en-us Thu, 30 Jul 1992 00:00:00 +0530 Mon, 25 Apr 2011 10:01:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71456 The Tribunal ruled in favor of the appellant, a charitable trust, determining that the voluntary chick levy collected from poultry farmers and hatcheries was not income from business activities. The contributions were deemed voluntary and exempt from tax under section 11 of the Income-tax Act. Additionally, the Tribunal found that the trust did not breach provisions related to investments, maintaining its eligibility for exemption. Consequently, the Tribunal set aside previous orders and directed the computation of the trust's income with the exemption under section 11, resulting in success for the appellant in all appeals. Case-Laws Income Tax Thu, 30 Jul 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71456