M/S.BHARATHAKSHEMAM,THRISSUR vs. THE ITO, THRISSUR

In the result, appeal of the assessee is dismissed

Bench: S/Shri Chandra Poojari, Am & George George K., Jm Assessment Year: 2012-13

charitable purpose, the last words in section 2(15) would have no application and the trust would be entitled to exemption. What these last concluding words require is not that the trust or institution, whose purpose is advancement of an object of general public utility, should not carry on any activity for profit at all but that the purpose

KATHIKODE CHARITABLE TRUST,THRISSUR vs. INCOME TAX OFFICER., THRISSUR

In the result, the assessee’s appeals are allowed for statistical purposes, and it’s stay petitions dismissed as infructuous