https://www.taxtmi.com/caselaws?id=38523 An association formed to organise hotel and restaurant proprietors, protect members' business interests, regulate trade conditions, and procure and distribute commodities did not qualify as a charitable institution. The decisive test was whether its object was general public utility or whether its operations amounted to a commercial activity for profit. Because its activities were directed to the advantage of its own members, not the public at large, and its accounts showed surplus from purchase and distribution operations, exemption was refused under both the 1922 Act and the 1961 Act. en-us Thu, 23 Dec 1976 00:00:00 +0530 Wed, 07 Apr 2010 10:40:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38523 An association formed to organise hotel and restaurant proprietors, protect members' business interests, regulate trade conditions, and procure and distribute commodities did not qualify as a charitable institution. The decisive test was whether its object was general public utility or whether its operations amounted to a commercial activity for profit. Because its activities were directed to the advantage of its own members, not the public at large, and its accounts showed surplus from purchase and distribution operations, exemption was refused under both the 1922 Act and the 1961 Act. Case-Laws Income Tax Thu, 23 Dec 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38523