https://www.taxtmi.com/caselaws?id=18606 The court held that the assessee-trust was not entitled to exemption under section 11 of the Income-tax Act, 1961, as the business activities of decortication and ginning were not carried out in the course of the actual primary purpose of the trust. Despite the business being held under trust for charity, the court found that section 13(1)(bb) disentitled the income from exemption. The court ruled in favor of the Revenue, concluding that the assessee did not meet the requirements for exemption under section 11. en-us Tue, 08 Aug 1995 00:00:00 +0530 Fri, 30 Oct 2009 16:53:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18606 The court held that the assessee-trust was not entitled to exemption under section 11 of the Income-tax Act, 1961, as the business activities of decortication and ginning were not carried out in the course of the actual primary purpose of the trust. Despite the business being held under trust for charity, the court found that section 13(1)(bb) disentitled the income from exemption. The court ruled in favor of the Revenue, concluding that the assessee did not meet the requirements for exemption under section 11. Case-Laws Income Tax Tue, 08 Aug 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18606