https://www.taxtmi.com/caselaws?id=58645 The Tribunal affirmed that the publication of "Dainik Saamana" by the Trust constituted a business activity rather than a charitable one. Donations lacking specific written directions from donors were deemed taxable, with only directed contributions being exempt. The business loss incurred from the publication could offset taxable income from donations but not exempt contributions. The decision upheld the taxability of the Trust's income and the characterization of its operations, partially allowing the appeal. en-us Thu, 10 Feb 1994 00:00:00 +0530 Mon, 12 Mar 2018 10:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58645 The Tribunal affirmed that the publication of "Dainik Saamana" by the Trust constituted a business activity rather than a charitable one. Donations lacking specific written directions from donors were deemed taxable, with only directed contributions being exempt. The business loss incurred from the publication could offset taxable income from donations but not exempt contributions. The decision upheld the taxability of the Trust's income and the characterization of its operations, partially allowing the appeal. Case-Laws Income Tax Thu, 10 Feb 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58645