https://www.taxtmi.com/caselaws?id=14790 The High Court affirmed the trust's entitlement to exemption under section 11 of the Income-tax Act, 1961, as the investments were found to be in compliance with the law. The Court upheld the Tribunal's decision, emphasizing the absence of any violation of the relevant provisions and dismissed the tax case petition brought by the Revenue. The judgment concluded that the trust was eligible for the exemption under section 11(1) and ordered no costs to be incurred. en-us Fri, 11 Apr 1997 00:00:00 +0530 Sat, 18 Jul 2009 16:44:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14790 The High Court affirmed the trust's entitlement to exemption under section 11 of the Income-tax Act, 1961, as the investments were found to be in compliance with the law. The Court upheld the Tribunal's decision, emphasizing the absence of any violation of the relevant provisions and dismissed the tax case petition brought by the Revenue. The judgment concluded that the trust was eligible for the exemption under section 11(1) and ordered no costs to be incurred. Case-Laws Income Tax Fri, 11 Apr 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14790