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Income Tax - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Charitable purpose - Non applicability of section 2(15) - ...


Court Rules on Charitable Purpose: Occasional Sales by Trusts u/s 2(15) Do Not Negate Charitable Status.

April 30, 2015

Case Laws     Income Tax     HC

Charitable purpose - Non applicability of section 2(15) - whether advancement of any other object of general public utility shall not be a charitable purpose? - occasional sales or the trust's own fund generation are for furthering the objects but not indicative of trade, commerce or business - HC

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