https://www.taxtmi.com/caselaws?id=25795 The High Court upheld the Tribunal's decision, ruling in favor of the assessee trust. The trust was found to be exempt under sections 11 and 12 of the Income-tax Act, 1961. The court emphasized that the trust's primary objectives were charitable, and any incidental business activities did not disqualify it from exemption. The court cited precedent to support its conclusion and found no grounds to deny the trust's exemptions. MRS. MONJULA BOSE J. concurred with the judgment. en-us Tue, 15 Jul 1986 00:00:00 +0530 Sat, 30 Jan 2010 18:34:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25795 The High Court upheld the Tribunal's decision, ruling in favor of the assessee trust. The trust was found to be exempt under sections 11 and 12 of the Income-tax Act, 1961. The court emphasized that the trust's primary objectives were charitable, and any incidental business activities did not disqualify it from exemption. The court cited precedent to support its conclusion and found no grounds to deny the trust's exemptions. MRS. MONJULA BOSE J. concurred with the judgment. Case-Laws Income Tax Tue, 15 Jul 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25795