https://www.taxtmi.com/caselaws?id=262951 The Tribunal upheld the Commissioner of Income-tax (Appeals) findings, determining no violation of Section 13(1)(c) and granting the trust exemption under Section 11. The appeal by the Revenue was dismissed, confirming that the trustees did not personally benefit from the developmental expenses, which were deemed for charitable purposes. en-us Fri, 30 Jan 2015 00:00:00 +0530 Mon, 24 Aug 2015 09:04:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262951 The Tribunal upheld the Commissioner of Income-tax (Appeals) findings, determining no violation of Section 13(1)(c) and granting the trust exemption under Section 11. The appeal by the Revenue was dismissed, confirming that the trustees did not personally benefit from the developmental expenses, which were deemed for charitable purposes. Case-Laws Income Tax Fri, 30 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262951