https://www.taxtmi.com/caselaws?id=6429 Income derived from an association's sugar export division was not exempt under section 4(3)(i) of the Indian Income-tax Act, 1922 because the governing rules did not show that the income was held wholly for charitable purposes. Exemption applies only where the dominant object is charitable and any non-charitable objects are merely ancillary. Here, a rule permitted distribution of profits among members on resolution, creating an element of private gain. The association's other objects, including regulation of employment relations, promotion of employer-employee relations, settlement of disputes among members, and restrictive trade conditions, were treated as primary trade union purposes rather than incidental charitable objects. en-us Tue, 05 Nov 1974 00:00:00 +0530 Thu, 15 Jan 2026 19:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6429 Income derived from an association's sugar export division was not exempt under section 4(3)(i) of the Indian Income-tax Act, 1922 because the governing rules did not show that the income was held wholly for charitable purposes. Exemption applies only where the dominant object is charitable and any non-charitable objects are merely ancillary. Here, a rule permitted distribution of profits among members on resolution, creating an element of private gain. The association's other objects, including regulation of employment relations, promotion of employer-employee relations, settlement of disputes among members, and restrictive trade conditions, were treated as primary trade union purposes rather than incidental charitable objects. Case-Laws Income Tax Tue, 05 Nov 1974 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6429