https://www.taxtmi.com/caselaws?id=288598 The assessee trust was granted registration under Section 12A of the Income Tax Act, and the Assessing Officer's further probing into the trust's objects was deemed impermissible by the Supreme Court. The trust's activities were not considered business activities but charitable endeavors. The advances made by the trust to associations were not treated as investments under Section 11(5). The advances to settlor associations did not violate the provisions of Section 13(1)(c) read with Section 13(2)(a). The accumulation of income under Section 11(2) for specific charitable purposes was found permissible. The assessee trust was granted exemption under Section 11, and all appeals were allowed. en-us Fri, 08 Jan 2010 00:00:00 +0530 Thu, 18 Jun 2020 15:01:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288598 The assessee trust was granted registration under Section 12A of the Income Tax Act, and the Assessing Officer's further probing into the trust's objects was deemed impermissible by the Supreme Court. The trust's activities were not considered business activities but charitable endeavors. The advances made by the trust to associations were not treated as investments under Section 11(5). The advances to settlor associations did not violate the provisions of Section 13(1)(c) read with Section 13(2)(a). The accumulation of income under Section 11(2) for specific charitable purposes was found permissible. The assessee trust was granted exemption under Section 11, and all appeals were allowed. Case-Laws Income Tax Fri, 08 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288598