https://www.taxtmi.com/caselaws?id=23277 A trust formed for the benefit of members of the Vaisya community, together with public welfare objects such as marriage assistance, medical aid, social welfare and uplift of poor members, was treated as charitable because section 2(15) includes purposes benefiting a section of the public, not only the public at large. On that basis, the trust was regarded as religious and charitable and entitled to exemption under section 11 of the Income-tax Act, 1961. The earlier adverse view did not bind because it rested on concession and on authority later overruled, and it did not operate as res judicata in the reference proceedings. en-us Thu, 09 Aug 1990 00:00:00 +0530 Fri, 18 Dec 2009 10:44:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23277 A trust formed for the benefit of members of the Vaisya community, together with public welfare objects such as marriage assistance, medical aid, social welfare and uplift of poor members, was treated as charitable because section 2(15) includes purposes benefiting a section of the public, not only the public at large. On that basis, the trust was regarded as religious and charitable and entitled to exemption under section 11 of the Income-tax Act, 1961. The earlier adverse view did not bind because it rested on concession and on authority later overruled, and it did not operate as res judicata in the reference proceedings. Case-Laws Income Tax Thu, 09 Aug 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23277