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2012 (12) TMI 136 - MADRAS HIGH COURTExemption u/s 11 - charitable activities - profit motive - Applicability of section 13(1)(bb) - whether the predominant object of the activity involved in carrying out the object of general public utility is to subserve the charitable purpose or to earn profit. - held that:- the primary purpose of the Trust was to afford relief of poor, education and medical relief, the means employed by exploiting its assets to earn income to achieve the objects, cannot, in any manner, be applied to defeat the claim of the assessee under Section 11. Decision in the case of Additional CIT Vs. Surat Art Silk Cloth Manufacturers Association [1979 (11) TMI 1 - SUPREME COURT] followed.
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