TMI Blog1930 (5) TMI 8X X X X Extracts X X X X X X X X Extracts X X X X ..... . In this case the appellant seeks to displace an assessment to income tax made upon him in respect of property vested in him as the head of a community which is a sect of the Dawood Borah tribe, located at Nagpur. The community have, apparently, a common stock, all the property being vested in the head of the sect. The property is utilized in part in carrying on a series of shops, the profits of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... income : (i) Any income derived from property held under trust or other legal obligation wholly for religious or charitable purposes, and m the case of property so held in part only for such purposes, the income applied, or finally set apart for application, thereto. 4. A glance at the documents on which the appellant has founded himself in the Courts below makes it plain that the income of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ordships think that these extracts establish that the income is not income derived from property held under trust or other legal obligation wholly for religious or charitable purposes . Nor is it suggested that any part of the property is set aside for any charitable or religious purposes, so that it can be identified as appropriated exclusively to such purposes. 5. In these circumstances the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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