https://www.taxtmi.com/caselaws?id=37644 Income from a Gurudwara and its attached shops was treated as exempt where the property was held under a legal obligation for religious, educational and charitable purposes. The assessee was found to be only the manager or shebait, and the rents and other receipts were applied to those purposes. The court accepted that a formal deed was not necessary when the intention to dedicate property to a charitable or religious trust was clearly manifested and the property had effectively vested for that object. On that basis, the income qualified for exemption under the relevant provisions of the Indian Income-tax Act, 1922 and the Income-tax Act, 1961. en-us Fri, 17 Feb 1978 00:00:00 +0530 Wed, 31 Mar 2010 11:36:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37644 Income from a Gurudwara and its attached shops was treated as exempt where the property was held under a legal obligation for religious, educational and charitable purposes. The assessee was found to be only the manager or shebait, and the rents and other receipts were applied to those purposes. The court accepted that a formal deed was not necessary when the intention to dedicate property to a charitable or religious trust was clearly manifested and the property had effectively vested for that object. On that basis, the income qualified for exemption under the relevant provisions of the Indian Income-tax Act, 1922 and the Income-tax Act, 1961. Case-Laws Income Tax Fri, 17 Feb 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37644