https://www.taxtmi.com/caselaws?id=6061 The dominant issue was whether a public charitable trust, created for the educational, social and economic advancement of persons of a particular religion, was saved by the second Explanation to s.13 so as to retain exemption under s.11 of the Income-tax Act, 1961. The SC held that a later resolution purporting to extend benefits to all communities was an impermissible alteration of the trust's objects, possible only by amendment by the settlors, and could not override the trust deed. The SC further held that the trust deed contained no locality-based restriction; benefits extended to persons of that religion worldwide, defeating the second Explanation's protection. Consequently, s.13(1)(b) applied and exemption under s.11 was denied; the appeals were allowed and the impugned decision was set aside. en-us Thu, 19 Jul 2001 00:00:00 +0530 Mon, 22 Dec 2025 16:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6061 The dominant issue was whether a public charitable trust, created for the educational, social and economic advancement of persons of a particular religion, was saved by the second Explanation to s.13 so as to retain exemption under s.11 of the Income-tax Act, 1961. The SC held that a later resolution purporting to extend benefits to all communities was an impermissible alteration of the trust's objects, possible only by amendment by the settlors, and could not override the trust deed. The SC further held that the trust deed contained no locality-based restriction; benefits extended to persons of that religion worldwide, defeating the second Explanation's protection. Consequently, s.13(1)(b) applied and exemption under s.11 was denied; the appeals were allowed and the impugned decision was set aside. Case-Laws Income Tax Thu, 19 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6061