https://www.taxtmi.com/caselaws?id=174726 Income from business activities of a charitable trust qualified for exemption under section 11 only if the case fell within the limited categories in section 11(4A): a trust for public religious purposes carrying on the specified business, or an institution wholly for charitable purposes where the business work was mainly carried on by the beneficiaries and separate books were maintained. The trust did not satisfy either statutory category because it was neither a trust for public religious purposes nor an institution within the provision. Exemption under section 11 was therefore unavailable for the assessment years concerned. en-us Wed, 28 Aug 2002 00:00:00 +0530 Sat, 17 Oct 2015 09:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174726 Income from business activities of a charitable trust qualified for exemption under section 11 only if the case fell within the limited categories in section 11(4A): a trust for public religious purposes carrying on the specified business, or an institution wholly for charitable purposes where the business work was mainly carried on by the beneficiaries and separate books were maintained. The trust did not satisfy either statutory category because it was neither a trust for public religious purposes nor an institution within the provision. Exemption under section 11 was therefore unavailable for the assessment years concerned. Case-Laws Income Tax Wed, 28 Aug 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174726