https://www.taxtmi.com/caselaws?id=26782 The High Court of Andhra Pradesh ruled in favor of the assessee, affirming the charitable status of the trust and the non-taxability of its income for the income-tax assessment year 1975-76. The court held that the trust qualified as a charitable trust established prior to the Income-tax Act, and the income derived was for charitable purposes, exempting it from taxation. The court rejected the Revenue's arguments regarding the trust's registration under the Societies Registration Act and the activity for profit in letting out properties, directing the Revenue to pay the assessee's costs. en-us Thu, 13 Dec 1984 00:00:00 +0530 Mon, 08 Feb 2010 13:58:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26782 The High Court of Andhra Pradesh ruled in favor of the assessee, affirming the charitable status of the trust and the non-taxability of its income for the income-tax assessment year 1975-76. The court held that the trust qualified as a charitable trust established prior to the Income-tax Act, and the income derived was for charitable purposes, exempting it from taxation. The court rejected the Revenue's arguments regarding the trust's registration under the Societies Registration Act and the activity for profit in letting out properties, directing the Revenue to pay the assessee's costs. Case-Laws Income Tax Thu, 13 Dec 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26782