Supreme Court · 1967 INSC 83 · Decided 3 April 1967
The East India Industries (Madras) Private LTD., Madras & ANR. v. The Commissioner of Income Tax, Madras
- Court
- Supreme Court of India
- Citation
- 1967 INSC 83 · [1967] 3 S.C.R. 356
- Case number
- CIVIL APPEAL No. 1399/1966
- Decided
- 3 April 1967
- Bench
- J.C. SHAH, S.M. SIKRI, V. RAMASWAMI (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Income Tax Act
Headnote
Indian Income-tax Act, 1922 (Act 11 of 1922), Ss. 4(3)(1) Olld 15- B-DoMtion to Trust-One object not charitable in Mture, and income to be utilised for any one of the objects-I/ exempted. The assessee claimed exemption from tax under s. 14-B of the Income- 1ax Act, 1922 for a sum donated to a were charitable and religious in nature. but one was not, and it was open lo the tru!W'.es to utilise the income of any one of the objects to the ex­ clusion of all other objects. Tbe Revenue rejected the claim for exemp­ tion, but the Appellate Tribunal allowed it as it had in
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