https://www.taxtmi.com/caselaws?id=466619 Whether publication, printing and subscription activities amount to trade under the proviso to section 2(15) is resolved by applying the legal test that activities incidental or ancillary to a dominant charitable and educational object do not amount to 'business' unless revenue proves an independent commercial intention. The analysis relies on interpretive principles tied to the dealer concept and related definitions and finds that, on the facts, the publication activities were ancillary to the trust's primary charitable purpose; consequently those activities do not attract disqualification and the trust retains exemption under section 11. en-us Thu, 27 Feb 2025 00:00:00 +0530 Mon, 09 Feb 2026 18:36:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466619 Whether publication, printing and subscription activities amount to trade under the proviso to section 2(15) is resolved by applying the legal test that activities incidental or ancillary to a dominant charitable and educational object do not amount to 'business' unless revenue proves an independent commercial intention. The analysis relies on interpretive principles tied to the dealer concept and related definitions and finds that, on the facts, the publication activities were ancillary to the trust's primary charitable purpose; consequently those activities do not attract disqualification and the trust retains exemption under section 11. Case-Laws Income Tax Thu, 27 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466619