https://www.taxtmi.com/caselaws?id=27865 Interest income was not treated as exempt under section 11 where the Association's object clause had already been judicially found to include primary objects beyond charitable or general public utility purposes, so the exemption claim failed. Exemption under section 10(24) was also unavailable because the body was an employers' association with objects directed to protecting members' trade interests and regulating employer relations, not a union formed primarily to regulate relations between workmen and employers or between workmen and workmen. Mere registration under the Trade Unions Act was insufficient. On both points, the Revenue's position prevailed. en-us Wed, 11 Jan 1984 00:00:00 +0530 Tue, 16 Feb 2010 15:12:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27865 Interest income was not treated as exempt under section 11 where the Association's object clause had already been judicially found to include primary objects beyond charitable or general public utility purposes, so the exemption claim failed. Exemption under section 10(24) was also unavailable because the body was an employers' association with objects directed to protecting members' trade interests and regulating employer relations, not a union formed primarily to regulate relations between workmen and employers or between workmen and workmen. Mere registration under the Trade Unions Act was insufficient. On both points, the Revenue's position prevailed. Case-Laws Income Tax Wed, 11 Jan 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27865