Trust Retains Charitable Status u/s 11, as Objectives Benefit Public Beyond TPA Interests, Ensuring Tax Exemption.

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....Exemption u/s 11 - Merely because the objects of the trust are for the advancement of the business of TPA, it would not ipso facto render the trust to be non-charitable. The objects of the trust are not exclusively for the promotion of the interests of the TPA members. The objects are to provide benefit to general public in the field of insurance and health facilities.....