https://www.taxtmi.com/caselaws?id=26135 Amended section 4 of the Agricultural Income-tax Act, as introduced by the Kerala amendment of 1974, governed the assessment year 1974-75. On construction of the trust deed, the trust's objects covered education, medical aid, propagation of Jain principles, temple maintenance and other public benefits, so the trust qualified for exemption under section 4(1)(b). It did not fall within the exclusion in section 4(3), because its benefits were not confined to a private religious endowment or to a trust for a particular religious community or caste. The deed created a public religious and charitable trust, not a private family trust. en-us Thu, 06 Feb 1986 00:00:00 +0530 Wed, 03 Feb 2010 10:37:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26135 Amended section 4 of the Agricultural Income-tax Act, as introduced by the Kerala amendment of 1974, governed the assessment year 1974-75. On construction of the trust deed, the trust's objects covered education, medical aid, propagation of Jain principles, temple maintenance and other public benefits, so the trust qualified for exemption under section 4(1)(b). It did not fall within the exclusion in section 4(3), because its benefits were not confined to a private religious endowment or to a trust for a particular religious community or caste. The deed created a public religious and charitable trust, not a private family trust. Case-Laws Income Tax Thu, 06 Feb 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26135