https://www.taxtmi.com/caselaws?id=35719 The court ruled in favor of the assessee-trust, holding that it was eligible for exemption under sections 11 and 12 of the Income-tax Act, 1961. The trust's activities were deemed charitable as they did not involve carrying on any activity for profit. The court clarified that the trust's income-generating activities were incidental to its main charitable objectives and the income was solely used for promoting those purposes. Therefore, the trust met the requirements of section 2(15) and was entitled to the exemption. The court awarded costs of Rs. 200 to the assessee. en-us Tue, 05 May 1981 00:00:00 +0530 Tue, 16 Mar 2010 12:43:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35719 The court ruled in favor of the assessee-trust, holding that it was eligible for exemption under sections 11 and 12 of the Income-tax Act, 1961. The trust's activities were deemed charitable as they did not involve carrying on any activity for profit. The court clarified that the trust's income-generating activities were incidental to its main charitable objectives and the income was solely used for promoting those purposes. Therefore, the trust met the requirements of section 2(15) and was entitled to the exemption. The court awarded costs of Rs. 200 to the assessee. Case-Laws Income Tax Tue, 05 May 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35719