https://www.taxtmi.com/caselaws?id=24081 The High Court upheld the Tribunal's decision to grant exemption to the public charitable trust, ruling that the income derived from the business activities of the trust, primarily aimed at providing education and aid to the needy, fell within the scope of section 11(1)(a) of the Income-tax Act. The Court emphasized that as the business was conducted to support charitable purposes, the trust was entitled to exemption under the Act. en-us Mon, 16 Jan 1989 00:00:00 +0530 Sat, 16 Jan 2010 15:21:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24081 The High Court upheld the Tribunal's decision to grant exemption to the public charitable trust, ruling that the income derived from the business activities of the trust, primarily aimed at providing education and aid to the needy, fell within the scope of section 11(1)(a) of the Income-tax Act. The Court emphasized that as the business was conducted to support charitable purposes, the trust was entitled to exemption under the Act. Case-Laws Income Tax Mon, 16 Jan 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24081