| Case ID |
1aa1d91b-beda-4540-9e95-e53bd5fb481f |
| Body |
View case body. Login to View |
| Case Number |
|
| Decision Date |
|
| Hearing Date |
|
| Decision |
The Tribunal held that the income of the assessee-trust was entitled to exemption under section 11 of the Income-tax Act for the assessment year 1985-86. The court concluded that a referable question of law did arise from the Tribunal's order, specifically whether the Income-tax Appellate Tribunal correctly held that the income of the assessee was entitled to exemption. The Revenue's request to refer two questions was considered, but the court decided that it was sufficient to refer only the first question for clarity and legal examination. Consequently, the Tribunal was directed to state question No. 1 under section 256(2) of the Income-tax Act, indicating the legal significance of the Tribunal's decision regarding income exemptions for charitable trusts. |
| Summary |
In this case, the Allahabad High Court addressed the tax exemptions available to charitable trusts under the Income-tax Act, 1961, specifically focusing on section 11. The case arose from an appeal by the Commissioner of Income Tax regarding the Tribunal's ruling that Mool Chand Sharbati Devi Hospital Trust was entitled to such exemptions for the assessment year 1985-86. The court emphasized the importance of determining whether the Tribunal's findings posed a question of law that warranted further examination. This case highlights critical aspects of tax law, particularly concerning the eligibility of charitable organizations for income tax exemptions, making it a significant reference for legal professionals and tax authorities alike. Keywords such as 'charitable trust tax exemption', 'Income-tax Act section 11', and 'legal questions in tax law' are crucial for those researching tax law and charitable organizations. |
| Court |
Allahabad High Court
|
| Entities Involved |
|
| Judges |
B.P. Jeevan Reddy, C.J.,
Dr. R.R. Misra, J.
|
| Lawyers |
|
| Petitioners |
Commissioner of Income Tax
|
| Respondents |
Mool Chand Sharbati Devi Hospital Trust
|
| Citations |
1992 SLD 1260,
(1992) 193 ITR 693
|
| Other Citations |
Not available
|
| Laws Involved |
Income-tax Act, 1961
|
| Sections |
11,
256
|