https://www.taxtmi.com/caselaws?id=10725 The High Court affirmed the Tribunal's judgment, ruling in favor of the assessee trust and against the Revenue. The trust was found not to be in violation of the provisions of sections 13(1)(c) and 13(2)(b) read with sections 13(2) and 13(3) of the Income-tax Act, 1961. Therefore, the trust was deemed eligible for exemption under section 11, with the Court deciding in favor of the assessee without any cost implications. en-us Thu, 11 Aug 2005 00:00:00 +0530 Wed, 22 Jul 2009 11:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10725 The High Court affirmed the Tribunal's judgment, ruling in favor of the assessee trust and against the Revenue. The trust was found not to be in violation of the provisions of sections 13(1)(c) and 13(2)(b) read with sections 13(2) and 13(3) of the Income-tax Act, 1961. Therefore, the trust was deemed eligible for exemption under section 11, with the Court deciding in favor of the assessee without any cost implications. Case-Laws Income Tax Thu, 11 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10725