https://www.taxtmi.com/caselaws?id=22859 The High Court affirmed the Tribunal's decision, ruling that the rental income from letting out Vani Mahal by Sri Thyaga Brahma Gana Sabha qualifies for exemption under section 11 read with section 2(15) of the Income-tax Act, 1961. The court held that the Sabha's activities for general public utility, such as musical events and education in fine arts, were charitable in nature, and any income derived from letting out the hall was incidental and not for profit. The court awarded costs to the assessee with counsel's fee set at Rs. 500. en-us Thu, 14 Jun 1990 00:00:00 +0530 Mon, 14 Dec 2009 16:03:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22859 The High Court affirmed the Tribunal's decision, ruling that the rental income from letting out Vani Mahal by Sri Thyaga Brahma Gana Sabha qualifies for exemption under section 11 read with section 2(15) of the Income-tax Act, 1961. The court held that the Sabha's activities for general public utility, such as musical events and education in fine arts, were charitable in nature, and any income derived from letting out the hall was incidental and not for profit. The court awarded costs to the assessee with counsel's fee set at Rs. 500. Case-Laws Income Tax Thu, 14 Jun 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22859