https://www.taxtmi.com/caselaws?id=173726 A wakf provision for the maintenance, education, marriage, funeral and other necessities of the wakif's needy male-line descendants was held not to be a charitable purpose under Section 4(3)(i) of the Indian Income-tax Act, 1922, because the exemption was confined to public charity and objects of general public utility; the provision was private in nature and therefore not exempt. Income set apart for that non-exempt purpose, though unspent for want of beneficiaries, remained assessable in the hands of the mutavalli because the relevant trust income did not lose its taxable character merely by remaining undistributed. en-us Tue, 18 Mar 1941 00:00:00 +0530 Mon, 21 Sep 2015 17:55:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173726 A wakf provision for the maintenance, education, marriage, funeral and other necessities of the wakif's needy male-line descendants was held not to be a charitable purpose under Section 4(3)(i) of the Indian Income-tax Act, 1922, because the exemption was confined to public charity and objects of general public utility; the provision was private in nature and therefore not exempt. Income set apart for that non-exempt purpose, though unspent for want of beneficiaries, remained assessable in the hands of the mutavalli because the relevant trust income did not lose its taxable character merely by remaining undistributed. Case-Laws Income Tax Tue, 18 Mar 1941 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173726