https://www.taxtmi.com/caselaws?id=234224 A registered charitable trust cannot be denied exemption under section 11 merely because it took unsecured loans without prior permission of the Charity Commissioner under the Bombay Public Trust Act. The trust remained registered under section 12A, its registration had not been cancelled, and no violation under section 13 of the Income-tax Act was found. Any breach of the Trust Act was treated as a matter under that statute and not a basis for withdrawing income-tax exemption. Exemption under section 11 therefore remained available unless section 13 conditions applied or registration was cancelled under section 12AA(3). en-us Fri, 08 Mar 2013 00:00:00 +0530 Fri, 31 May 2013 09:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234224 A registered charitable trust cannot be denied exemption under section 11 merely because it took unsecured loans without prior permission of the Charity Commissioner under the Bombay Public Trust Act. The trust remained registered under section 12A, its registration had not been cancelled, and no violation under section 13 of the Income-tax Act was found. Any breach of the Trust Act was treated as a matter under that statute and not a basis for withdrawing income-tax exemption. Exemption under section 11 therefore remained available unless section 13 conditions applied or registration was cancelled under section 12AA(3). Case-Laws Income Tax Fri, 08 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234224