https://www.taxtmi.com/caselaws?id=12465 A hospital maintained solely for philanthropic purposes and not for profit qualifies for exemption under section 10(22A) of the Income-tax Act, 1961. The exemption applies to income of a hospital or similar institution used for the reception and treatment of persons suffering from illness, and it is not denied merely because the claimant is the foundation running the hospital. The provision was construed in line with the object of the institution and the beneficial nature of the exemption. Exemption was therefore available to the assessee, and the reference was answered in its favour. en-us Thu, 08 Nov 2001 00:00:00 +0530 Thu, 25 Feb 2010 15:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12465 A hospital maintained solely for philanthropic purposes and not for profit qualifies for exemption under section 10(22A) of the Income-tax Act, 1961. The exemption applies to income of a hospital or similar institution used for the reception and treatment of persons suffering from illness, and it is not denied merely because the claimant is the foundation running the hospital. The provision was construed in line with the object of the institution and the beneficial nature of the exemption. Exemption was therefore available to the assessee, and the reference was answered in its favour. Case-Laws Income Tax Thu, 08 Nov 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12465