https://www.taxtmi.com/caselaws?id=59102 The Tribunal upheld the decisions of the lower authorities, denying the trust's exemption claim under section 5(1)(i) of the Wealth-tax Act and section 11 of the Income-tax Act. The trust's arrangements were deemed primarily for tax planning purposes, lacking genuine charitable intent. The appeals were dismissed, with the Tribunal emphasizing the application of section 13(2)(a) and the trust's failure to meet the statutory requirements for exemption. en-us Fri, 27 Jan 1984 00:00:00 +0530 Thu, 23 Dec 2010 19:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59102 The Tribunal upheld the decisions of the lower authorities, denying the trust's exemption claim under section 5(1)(i) of the Wealth-tax Act and section 11 of the Income-tax Act. The trust's arrangements were deemed primarily for tax planning purposes, lacking genuine charitable intent. The appeals were dismissed, with the Tribunal emphasizing the application of section 13(2)(a) and the trust's failure to meet the statutory requirements for exemption. Case-Laws Wealth-tax Fri, 27 Jan 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59102