https://www.taxtmi.com/caselaws?id=78523 The High Court affirmed the Tribunal's decision regarding exemption under section 11 of the Income-tax Act for renting out a kalyana mandapam. The Court upheld that the rental income was intended for charitable purposes, as specified in the will, and aligned with previous legal interpretations. The decision was deemed consistent with legal principles and precedents, leading to the dismissal of the Revenue's appeals challenging the exemption claim. en-us Mon, 01 Sep 2008 00:00:00 +0530 Wed, 24 Nov 2010 11:20:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78523 The High Court affirmed the Tribunal's decision regarding exemption under section 11 of the Income-tax Act for renting out a kalyana mandapam. The Court upheld that the rental income was intended for charitable purposes, as specified in the will, and aligned with previous legal interpretations. The decision was deemed consistent with legal principles and precedents, leading to the dismissal of the Revenue's appeals challenging the exemption claim. Case-Laws Income Tax Mon, 01 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78523