https://www.taxtmi.com/caselaws?id=464239 HC held the trust's aims and objects are charitable and the proviso to section 2(15) does not automatically apply because occasional profit-making sales do not negate charitable status. The AO failed to show defective computation under s.11 or that activities were not charitable; trustees' intention and manner of conduct were relevant and the activities were genuine. Denial of registration/exemption based on alleged commercial transactions was not sustained. Appeal dismissed. en-us Mon, 12 Jan 2015 00:00:00 +0530 Mon, 13 Oct 2025 19:00:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464239 HC held the trust's aims and objects are charitable and the proviso to section 2(15) does not automatically apply because occasional profit-making sales do not negate charitable status. The AO failed to show defective computation under s.11 or that activities were not charitable; trustees' intention and manner of conduct were relevant and the activities were genuine. Denial of registration/exemption based on alleged commercial transactions was not sustained. Appeal dismissed. Case-Laws Income Tax Mon, 12 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464239