https://www.taxtmi.com/caselaws?id=14788 A charitable trust does not lose exemption under section 11 merely because it carries on a business activity, if its dominant objects remain charitable within section 2(15). The trust deed in question showed charitable purposes such as relief of the poor, education and medical relief, and the business of exhibiting pictures under an agreement did not alter that character. Exemption could not be denied solely on the ground of business activity, because the business was not the governing purpose of the trust. The trust therefore remained entitled to charitable exemption. en-us Mon, 27 Jul 1998 00:00:00 +0530 Sat, 18 Jul 2009 16:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14788 A charitable trust does not lose exemption under section 11 merely because it carries on a business activity, if its dominant objects remain charitable within section 2(15). The trust deed in question showed charitable purposes such as relief of the poor, education and medical relief, and the business of exhibiting pictures under an agreement did not alter that character. Exemption could not be denied solely on the ground of business activity, because the business was not the governing purpose of the trust. The trust therefore remained entitled to charitable exemption. Case-Laws Income Tax Mon, 27 Jul 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14788