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2009 (2) TMI 162 - HC - Income TaxExemption u/s 11 – Charitable Trust - as per the trust deed, the trust is involved in the activities of maintenance of the existing dharamshalas for help of members of the Agarwal community and other widows and children. The objects of the trust are charitable and religious and the activities of the trust are in conformity with the aims and objects of the trust. It has been registered with the Charity Commissioner, Government of Rajasthan – Held that - sole purpose of the trust was to run a dharamshala which is an object of general public utility and so when this was the sole object, the income derived therefrom in the shape of the rent from the dharamshala is exempt under section 11 read with section 2(15) of the Act – reference answered in favor of assessee and against the revenue.
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