https://www.taxtmi.com/caselaws?id=414601 The court ruled in favor of the assessee trust on both issues. It found that the payments to trustees did not violate Section 13(1)(c) of the Income Tax Act as alleged by the revenue, emphasizing the revenue cannot dictate trust management. Regarding commercialization of education, the court held that the trust's activities were charitable, not commercial, and therefore entitled to exemption under Section 11. The court upheld the Tribunal's decision, answering both substantial questions of law in favor of the assessee and against the revenue. en-us Mon, 20 Sep 2021 00:00:00 +0530 Thu, 28 Apr 2022 18:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414601 The court ruled in favor of the assessee trust on both issues. It found that the payments to trustees did not violate Section 13(1)(c) of the Income Tax Act as alleged by the revenue, emphasizing the revenue cannot dictate trust management. Regarding commercialization of education, the court held that the trust's activities were charitable, not commercial, and therefore entitled to exemption under Section 11. The court upheld the Tribunal's decision, answering both substantial questions of law in favor of the assessee and against the revenue. Case-Laws Income Tax Mon, 20 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414601