https://www.taxtmi.com/caselaws?id=71667 The Income Tax Appellate Tribunal (ITAT) dismissed the appeal, affirming that the assessee-trust's income was exempt under section 11 of the Act. The ITAT held that the trust was primarily engaged in charitable activities, providing medical and educational aid to the underprivileged. Despite earning rental income from letting out its premises, utensils, and furniture, the trust's main objective remained charitable, with the letting activities being ancillary. The ITAT emphasized that the trust's actions aligned with its charitable purposes and were not commercial in nature, upholding the decision of the Commissioner of Income Tax (Appeals) (CIT(A)). en-us Thu, 05 Aug 1999 00:00:00 +0530 Tue, 26 Apr 2011 13:56:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71667 The Income Tax Appellate Tribunal (ITAT) dismissed the appeal, affirming that the assessee-trust's income was exempt under section 11 of the Act. The ITAT held that the trust was primarily engaged in charitable activities, providing medical and educational aid to the underprivileged. Despite earning rental income from letting out its premises, utensils, and furniture, the trust's main objective remained charitable, with the letting activities being ancillary. The ITAT emphasized that the trust's actions aligned with its charitable purposes and were not commercial in nature, upholding the decision of the Commissioner of Income Tax (Appeals) (CIT(A)). Case-Laws Income Tax Thu, 05 Aug 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71667