https://www.taxtmi.com/caselaws?id=58301 The Tribunal allowed both appeals, ruling that the public charitable trust should only be taxed on the dividend income from shares not compliant with section 11(5) of the Income Tax Act for the assessment years 1984-85 and 1985-86. The trust maintained exemption under section 11 for other income earned, despite holding investments that contravened the specified section. en-us Mon, 11 Jun 1990 00:00:00 +0530 Sat, 18 Dec 2010 13:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58301 The Tribunal allowed both appeals, ruling that the public charitable trust should only be taxed on the dividend income from shares not compliant with section 11(5) of the Income Tax Act for the assessment years 1984-85 and 1985-86. The trust maintained exemption under section 11 for other income earned, despite holding investments that contravened the specified section. Case-Laws Income Tax Mon, 11 Jun 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58301