https://www.taxtmi.com/caselaws?id=235750 A charitable institution was not denied exemption under Section 11 because the record did not show any clear direct or indirect diversion of income for the benefit of persons covered by Section 13(3); donations to other charitable bodies and ordinary head-office expenditure were insufficient to attract Section 13(1)(c), so the exemption was sustained. The institution was also allowed to accumulate 25% of its income for charitable purposes because such accumulation was within the statutory limit and supported the charitable objects. Compliance with Section 11(2) was held to be established on the facts, so the accumulated amount was treated as validly set apart for charity and the Revenue's challenge failed. en-us Wed, 31 Jul 2013 00:00:00 +0530 Thu, 20 Feb 2025 15:36:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235750 A charitable institution was not denied exemption under Section 11 because the record did not show any clear direct or indirect diversion of income for the benefit of persons covered by Section 13(3); donations to other charitable bodies and ordinary head-office expenditure were insufficient to attract Section 13(1)(c), so the exemption was sustained. The institution was also allowed to accumulate 25% of its income for charitable purposes because such accumulation was within the statutory limit and supported the charitable objects. Compliance with Section 11(2) was held to be established on the facts, so the accumulated amount was treated as validly set apart for charity and the Revenue's challenge failed. Case-Laws Income Tax Wed, 31 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235750