https://www.taxtmi.com/caselaws?id=219121 The Court held that the Trust was entitled to exemption under Section 11 as the business was carried on in the actual carrying out of the primary charitable purpose of the Trust. The Court dismissed the Revenue's appeals, affirming that Section 13(1)(bb) did not apply to the Trust. It was emphasized that the Trust's primary object was charitable, and the business activities were incidental to achieving this purpose. Therefore, the Trust qualified for exemption under Section 11, and the Revenue's appeals were rejected. en-us Tue, 18 Sep 2012 00:00:00 +0530 Wed, 05 Dec 2012 10:31:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219121 The Court held that the Trust was entitled to exemption under Section 11 as the business was carried on in the actual carrying out of the primary charitable purpose of the Trust. The Court dismissed the Revenue's appeals, affirming that Section 13(1)(bb) did not apply to the Trust. It was emphasized that the Trust's primary object was charitable, and the business activities were incidental to achieving this purpose. Therefore, the Trust qualified for exemption under Section 11, and the Revenue's appeals were rejected. Case-Laws Income Tax Tue, 18 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219121