https://www.taxtmi.com/caselaws?id=26029 The High Court ruled in favor of the assessee on all three issues, confirming the trust's entitlement to tax exemption under section 11, the exemption of income from hedging transactions, and the eligibility for deductions under section 80G. The court emphasized the trust's charitable nature and the prudence in conducting hedging transactions to safeguard the trust's assets. en-us Wed, 02 Jul 1986 00:00:00 +0530 Tue, 02 Feb 2010 13:20:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26029 The High Court ruled in favor of the assessee on all three issues, confirming the trust's entitlement to tax exemption under section 11, the exemption of income from hedging transactions, and the eligibility for deductions under section 80G. The court emphasized the trust's charitable nature and the prudence in conducting hedging transactions to safeguard the trust's assets. Case-Laws Income Tax Wed, 02 Jul 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26029