https://www.taxtmi.com/caselaws?id=798889 Interest-free, repayable housing assistance to genuinely financially needy persons may qualify as relief of the poor and therefore as charitable activity. This limb of charitable purpose operates independently of general public utility and does not require outright grants or beneficiaries with no income. Repayment obligations, recovery safeguards, monitoring, scale of operations and redeployment of recovered funds do not alone make the scheme a money-lending or micro-finance business where no interest, fee, commission, mark-up or commercial return is earned. Registration eligibility requires verification of beneficiary need, loan terms, absence of commercial return and recycling of recoveries; registration should follow if these conditions are met. Unsupported allegations of non-compliant investments cannot justify rejection. en-us Fri, 28 Aug 2026 00:00:00 +0530 Mon, 14 Sep 2026 08:32:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798889 Interest-free, repayable housing assistance to genuinely financially needy persons may qualify as relief of the poor and therefore as charitable activity. This limb of charitable purpose operates independently of general public utility and does not require outright grants or beneficiaries with no income. Repayment obligations, recovery safeguards, monitoring, scale of operations and redeployment of recovered funds do not alone make the scheme a money-lending or micro-finance business where no interest, fee, commission, mark-up or commercial return is earned. Registration eligibility requires verification of beneficiary need, loan terms, absence of commercial return and recycling of recoveries; registration should follow if these conditions are met. Unsupported allegations of non-compliant investments cannot justify rejection. Case-Laws Income Tax Fri, 28 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798889