COMMISSIONER OF WEALTH TAX versus GANGABAI CHARITIES
Exemption Charity Trust Condition The former property should be used primarily for charity PR religious purpose. The interpretation of the trust by the Supreme Court regarding the processing of income tax should also be kept in the property which can be used for social, cultural and allied purposes at the sole trustee's discretion. The Supreme Court, which was not a charitable trust in the Income Tax proceedings, exempted the Trust Wealth Tax from the Indian Income Tax Act, 1961, Section 1 1 Indian Wealth Tax Act 1957, Section 5 (1) (i).
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