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THIAGARAJAR CHARITIES versus ADDITIONAL COMMISSIONER OF INCOME-TAX


Charitable Purposes The difference between the trust options and the powers conferred on the Charity Trust exemption business trusts is that the trust truck is authorized by the trustee to determine whether the business operated by the trustee was a corporation or property. I got an income business or got a result. The only source for obtaining profits from the business for charitable purposes was entitled to exemption from the Indian Income Tax Act, 1961, Sections 2 (15) and 1I [Thagrazar Charities Adele CIT (1978) 114I TR699 Inverted]

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