Court Rules on Charitable Purpose: Occasional Sales by Trusts u/s 2(15) Do Not Negate Charitable Status. https://www.taxtmi.com/highlights?id=22745 Charitable purpose - Non applicability of section 2(15) - whether advancement of any other object of general public utility shall not be a charitable purpose? - occasional sales or the trust's own fund generation are for furthering the objects but not indicative of trade, commerce or business - HC en-us Thu, 30 Apr 2015 06:51:35 +0530 Thu, 30 Apr 2015 06:51:35 +0530 TaxTMI RSS Generator Court Rules on Charitable Purpose: Occasional Sales by Trusts u/s 2(15) Do Not Negate Charitable Status. https://www.taxtmi.com/highlights?id=22745 Charitable purpose - Non applicability of section 2(15) - whether advancement of any other object of general public utility shall not be a charitable purpose? - occasional sales or the trust's own fund generation are for furthering the objects but not indicative of trade, commerce or business - HC Highlights Income Tax Thu, 30 Apr 2015 06:51:35 +0530 https://www.taxtmi.com/highlights?id=22745