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Income Tax - Highlights / Catch Notes

Home Highlights August 2012 Year 2012 This

Charitable purpose - Principles laid down in the case of Gujarat ...


Supreme Court's Gujarat Maritime Board Ruling: Public-Benefit Activities Deemed Charitable, Not Individual-Gain.

August 11, 2012

Case Laws     Income Tax     AT

Charitable purpose - Principles laid down in the case of Gujarat Maritime Board (2007 (12) TMI 7 - SUPREME COURT OF INDIA) are squarely applicable to assessee’s case wherein it was held that advancement of any object of benefit to the public or a section of the public as distinguished from benefit to an individual or a group of individuals would be a charitable purpose - AT

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