https://www.taxtmi.com/caselaws?id=261961 HC allowed the assessee's appeal, holding its institution's running of an integrated hospital (including Allopathic treatment) and Ayurvedic research falls within its charitable objects under s.2(15). The court found such activities reasonably incidental to improving the Ayurvedic system and that AO and Tribunal erred in branding them ultra vires. Longstanding revenue acceptance of the exemption weighed against reopening liability absent a plainly unsustainable basis. Depreciation on assets used for Allopathic medical relief was held allowable, since the hospital activities were within the assessee's objects. en-us Mon, 27 Jul 2015 00:00:00 +0530 Tue, 23 Sep 2025 18:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261961 HC allowed the assessee's appeal, holding its institution's running of an integrated hospital (including Allopathic treatment) and Ayurvedic research falls within its charitable objects under s.2(15). The court found such activities reasonably incidental to improving the Ayurvedic system and that AO and Tribunal erred in branding them ultra vires. Longstanding revenue acceptance of the exemption weighed against reopening liability absent a plainly unsustainable basis. Depreciation on assets used for Allopathic medical relief was held allowable, since the hospital activities were within the assessee's objects. Case-Laws Income Tax Mon, 27 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261961