https://www.taxtmi.com/caselaws?id=13783 The High Court of CALCUTTA ruled in favor of the assessee, determining that the advance made by a charitable trust to its employees did not violate section 13 of the Income-tax Act, 1961. The court emphasized the distinction between trusts and institutions, clarifying that the trust's actions did not fall under the provisions of section 13(3). This distinction was crucial in interpreting the applicability of section 13, ultimately leading to the court affirming the assessee's eligibility for exemption under section 11 despite the advance to employees. en-us Tue, 12 Jun 2001 00:00:00 +0530 Thu, 02 Jul 2009 16:47:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13783 The High Court of CALCUTTA ruled in favor of the assessee, determining that the advance made by a charitable trust to its employees did not violate section 13 of the Income-tax Act, 1961. The court emphasized the distinction between trusts and institutions, clarifying that the trust's actions did not fall under the provisions of section 13(3). This distinction was crucial in interpreting the applicability of section 13, ultimately leading to the court affirming the assessee's eligibility for exemption under section 11 despite the advance to employees. Case-Laws Income Tax Tue, 12 Jun 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13783