https://www.taxtmi.com/caselaws?id=6453 A trust whose deed and actual working were directed mainly to publishing newspapers and journals was held not to fall within "education" under section 2(15) of the Income-tax Act, 1961, but within the residual head of general public utility. The Court further found that the trust carried on a substantial and regular publishing business, with commercial receipts and broad powers to operate for profit, so its purpose involved the carrying on of an activity for profit. Exemption under section 11 was therefore unavailable, and the appeal failed. en-us Thu, 28 Aug 1975 00:00:00 +0530 Tue, 27 Jan 2026 17:15:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6453 A trust whose deed and actual working were directed mainly to publishing newspapers and journals was held not to fall within "education" under section 2(15) of the Income-tax Act, 1961, but within the residual head of general public utility. The Court further found that the trust carried on a substantial and regular publishing business, with commercial receipts and broad powers to operate for profit, so its purpose involved the carrying on of an activity for profit. Exemption under section 11 was therefore unavailable, and the appeal failed. Case-Laws Income Tax Thu, 28 Aug 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6453