https://www.taxtmi.com/caselaws?id=168433 Deduction under section 15B was unavailable because the recipient trust was not established wholly for charitable or religious purposes. Although the trust deed included charitable and religious objects, it also authorised manufacture, purchase, sale and distribution of pharmaceutical and other preparations, which was treated as an independent non-charitable business object. The trustees' discretion to apply trust income or property to any object of the trust meant no property was specifically set apart wholly for charitable purposes. The contention that the non-charitable activity was merely incidental was rejected, so the trust did not qualify for exemption under section 4(3)(i) and the donation did not qualify for deduction. en-us Wed, 25 Oct 1961 00:00:00 +0530 Sat, 28 Feb 2015 11:39:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=168433 Deduction under section 15B was unavailable because the recipient trust was not established wholly for charitable or religious purposes. Although the trust deed included charitable and religious objects, it also authorised manufacture, purchase, sale and distribution of pharmaceutical and other preparations, which was treated as an independent non-charitable business object. The trustees' discretion to apply trust income or property to any object of the trust meant no property was specifically set apart wholly for charitable purposes. The contention that the non-charitable activity was merely incidental was rejected, so the trust did not qualify for exemption under section 4(3)(i) and the donation did not qualify for deduction. Case-Laws Income Tax Wed, 25 Oct 1961 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=168433