Supreme Court · 1978 INSC 113 · Decided 24 July 1978
Dharmaposhanam CO. Kerala v. Commissioner of Income Tax, Kerala
- Court
- Supreme Court of India
- Citation
- 1978 INSC 113 · [1978] 3 S.C.R. 1030
- Case number
- CIVIL APPEAL No. 6/1975
- Decided
- 24 July 1978
- Bench
- Y.V. CHANDRACHUD, D.A. DESAI, R.S. PATHAK (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Companies Act Section 26(1); Income Tax Act Section 11(4), 13(1)(bb), 2(15), 11
Headnote
lnco1ne Tax Act, 1961, Sections 2(15) and ll(l)(a)-Clause 3(b) of 1he },femorandum of Association shows that one of the obiects of the co1119any lvas I ~ "To do the needful for the promotion of charity education, industries etc. and • public good", which is reiterated by Art. 58-The on amended dropping the word "industries" and adding "1nedfcal relief" 1 -Whether the Kuries business its for charitable purposes and whether the income 1~ arising out of conducting business of kuries or Chit funds liable to exe1nption J under Section ll(l)(a) of the Inconie
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)