https://www.taxtmi.com/caselaws?id=178640 Income derived from crops grown at the assessee's research stations was treated as exempt from agricultural income-tax because the stations were maintained under a legal obligation serving a public purpose of charitable nature. The Court construed "charitable purpose" to include advancement of an object of general public utility, and found that the research benefited not only coffee planters but also consumers, producers, and the public at large through improved coffee quality and yield. It also read section 12(f) broadly, holding it wider than the corresponding exemption under the Indian Income-tax Act, 1922. The income was therefore exempt and the issue was answered in favour of the assessee. en-us Fri, 05 Jul 1963 00:00:00 +0530 Wed, 10 Feb 2016 11:12:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178640 Income derived from crops grown at the assessee's research stations was treated as exempt from agricultural income-tax because the stations were maintained under a legal obligation serving a public purpose of charitable nature. The Court construed "charitable purpose" to include advancement of an object of general public utility, and found that the research benefited not only coffee planters but also consumers, producers, and the public at large through improved coffee quality and yield. It also read section 12(f) broadly, holding it wider than the corresponding exemption under the Indian Income-tax Act, 1922. The income was therefore exempt and the issue was answered in favour of the assessee. Case-Laws Income Tax Fri, 05 Jul 1963 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178640