https://www.taxtmi.com/caselaws?id=221330 Construction of a building on leasehold land did not, on the facts, trigger section 13(1)(c)(ii) merely because the trustees were the lessors. The registered lease deed did not provide that the superstructure would automatically vest in the lessor on expiry of the lease, and the assessee remained free to remove the constructions after the lease term. As no direct benefit to the trustees was established from the construction, the factual basis for invoking section 13(1)(c)(ii) failed, and the charitable trust remained entitled to exemption under section 11. en-us Tue, 15 Jan 2013 00:00:00 +0530 Fri, 01 Mar 2013 18:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221330 Construction of a building on leasehold land did not, on the facts, trigger section 13(1)(c)(ii) merely because the trustees were the lessors. The registered lease deed did not provide that the superstructure would automatically vest in the lessor on expiry of the lease, and the assessee remained free to remove the constructions after the lease term. As no direct benefit to the trustees was established from the construction, the factual basis for invoking section 13(1)(c)(ii) failed, and the charitable trust remained entitled to exemption under section 11. Case-Laws Income Tax Tue, 15 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221330