https://www.taxtmi.com/caselaws?id=55190 The Tribunal held that the trust was not entitled to exemption under Section 11 due to the applicability of Section 13(1)(bb) of the Income Tax Act, as the trust's activities were deemed as carrying on business for medical relief purposes. Additionally, the Tribunal found that the delay in filing Form No. 10 for income accumulation was not condonable, suggesting the assessee seek redressal from the appropriate authorities. All appeals by the revenue were allowed. en-us Wed, 13 Jul 1988 00:00:00 +0530 Wed, 24 Nov 2010 13:43:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55190 The Tribunal held that the trust was not entitled to exemption under Section 11 due to the applicability of Section 13(1)(bb) of the Income Tax Act, as the trust's activities were deemed as carrying on business for medical relief purposes. Additionally, the Tribunal found that the delay in filing Form No. 10 for income accumulation was not condonable, suggesting the assessee seek redressal from the appropriate authorities. All appeals by the revenue were allowed. Case-Laws Income Tax Wed, 13 Jul 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55190