https://www.taxtmi.com/caselaws?id=197373 The ITAT partially allowed the appeal, determining that the trust's activities were charitable and aligned with the main objective of public utility. As a result, the trust was granted exemption under Section 11, and the surplus income was deemed non-taxable. The trust was categorized as an Association of Persons (AOP) rather than an Artificial Juridical Person (AJP). The alternative plea for setting off expenses against business income was not addressed due to the exemption granted under Section 11. en-us Mon, 14 Dec 2015 00:00:00 +0530 Fri, 05 Jan 2018 08:09:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197373 The ITAT partially allowed the appeal, determining that the trust's activities were charitable and aligned with the main objective of public utility. As a result, the trust was granted exemption under Section 11, and the surplus income was deemed non-taxable. The trust was categorized as an Association of Persons (AOP) rather than an Artificial Juridical Person (AJP). The alternative plea for setting off expenses against business income was not addressed due to the exemption granted under Section 11. Case-Laws Income Tax Mon, 14 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197373