https://www.taxtmi.com/caselaws?id=273236 The Rajasthan High Court ruled in favor of the Umaid Charitable Trust, Pali, holding that its income was entitled to exemption under section 11 of the Income-tax Act, 1961, for the relevant assessment years. The court determined that the trust's primary objective was charitable, with any profit-making activities being incidental to furthering charitable purposes. The court dismissed the revenue's claims, affirming the trust's entitlement to exemption and leaving the parties to bear their own costs. en-us Wed, 27 Feb 1980 00:00:00 +0530 Tue, 12 Jun 2018 18:24:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273236 The Rajasthan High Court ruled in favor of the Umaid Charitable Trust, Pali, holding that its income was entitled to exemption under section 11 of the Income-tax Act, 1961, for the relevant assessment years. The court determined that the trust's primary objective was charitable, with any profit-making activities being incidental to furthering charitable purposes. The court dismissed the revenue's claims, affirming the trust's entitlement to exemption and leaving the parties to bear their own costs. Case-Laws Income Tax Wed, 27 Feb 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273236