https://www.taxtmi.com/caselaws?id=14744 The High Court denied exemption under section 11 of the Income-tax Act to a society for payments to office bearers and interested persons, ruling that they did not meet the requirements of section 13(1)(c)(ii). The court upheld the Income-tax Officer's decision, emphasizing the need for mandatory provisions in the trust deed before April 1, 1962, for such payments. The Tribunal's decision in favor of the society was overturned, with both questions of law decided against the assessee and in favor of the Revenue. en-us Wed, 19 Aug 1998 00:00:00 +0530 Sat, 18 Jul 2009 13:18:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14744 The High Court denied exemption under section 11 of the Income-tax Act to a society for payments to office bearers and interested persons, ruling that they did not meet the requirements of section 13(1)(c)(ii). The court upheld the Income-tax Officer's decision, emphasizing the need for mandatory provisions in the trust deed before April 1, 1962, for such payments. The Tribunal's decision in favor of the society was overturned, with both questions of law decided against the assessee and in favor of the Revenue. Case-Laws Income Tax Wed, 19 Aug 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14744