https://www.taxtmi.com/caselaws?id=258453 The High Court dismissed the Income Tax Appeal, affirming the trust's eligibility for exemption under Sections 11/12 of the Income Tax Act. The court found that the trust's activities aligned with legal requirements, including compliance with regulatory standards and utilization of income for charitable purposes. The court emphasized the trust's valid registration under Section 12A, significant expenditure on charitable activities, and proper treatment of funds, concluding that no substantial question of law arose regarding the trust's eligibility for exemption. en-us Tue, 02 Dec 2014 00:00:00 +0530 Fri, 10 Apr 2015 09:03:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258453 The High Court dismissed the Income Tax Appeal, affirming the trust's eligibility for exemption under Sections 11/12 of the Income Tax Act. The court found that the trust's activities aligned with legal requirements, including compliance with regulatory standards and utilization of income for charitable purposes. The court emphasized the trust's valid registration under Section 12A, significant expenditure on charitable activities, and proper treatment of funds, concluding that no substantial question of law arose regarding the trust's eligibility for exemption. Case-Laws Income Tax Tue, 02 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258453