https://www.taxtmi.com/caselaws?id=196430 A reference was not invalid merely because the Division Bench differed in opinion and directed the matter to a larger Bench; the objection based on Section 98 CPC was rejected because both Judges intended a Full Bench decision. In construing "religious or charitable purposes" under the Income-tax Act, the court applied the ordinary legal sense of those words in the statute's legal setting, not the personal law of each assessee. A wakf deed reserving income for the settlor and his children, with only a future charitable application, was not property held wholly for religious or charitable purposes, so the income remained taxable. en-us Fri, 05 Jun 1931 00:00:00 +0530 Thu, 30 Nov 2017 14:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196430 A reference was not invalid merely because the Division Bench differed in opinion and directed the matter to a larger Bench; the objection based on Section 98 CPC was rejected because both Judges intended a Full Bench decision. In construing "religious or charitable purposes" under the Income-tax Act, the court applied the ordinary legal sense of those words in the statute's legal setting, not the personal law of each assessee. A wakf deed reserving income for the settlor and his children, with only a future charitable application, was not property held wholly for religious or charitable purposes, so the income remained taxable. Case-Laws Income Tax Fri, 05 Jun 1931 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196430