https://www.taxtmi.com/caselaws?id=6379 Whether the trust property is held for a public charitable or religious purpose under s.5(1)(i) Wealth-tax Act: the Court construed s.3 to include "individual" (per General Clauses Act) and held that nothing in context excludes trustees as individuals; applying the statutory test and examining the trust deed, the dominant intention of the settlor was familial benefit, not a public charitable purpose, and any public benefit was remote and incidental. Consequently, the trust is a private trust and does not qualify as a charitable trust under the statutory definition; appeal dismissed. en-us Tue, 28 Nov 1972 00:00:00 +0530 Thu, 15 Jan 2026 13:07:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6379 Whether the trust property is held for a public charitable or religious purpose under s.5(1)(i) Wealth-tax Act: the Court construed s.3 to include "individual" (per General Clauses Act) and held that nothing in context excludes trustees as individuals; applying the statutory test and examining the trust deed, the dominant intention of the settlor was familial benefit, not a public charitable purpose, and any public benefit was remote and incidental. Consequently, the trust is a private trust and does not qualify as a charitable trust under the statutory definition; appeal dismissed. Case-Laws Income Tax Tue, 28 Nov 1972 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6379