Case Law Details
Case Name : CIT Vs. Mool Chand Sharbati Devi Hospital Trust (Allahabad High Court)
Related Assessment Year :
Courts :
All High Courts Allahabad High Court
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RELEVANT PARAGRAPH
Having heard learned counsel for the parties, we have gone through the impugned orders and given our anxious consideration to the rival submissions.
Section 2 (15) of the Act defines charitable purpose and Section 11 (1)of the Act provides exemption to the income derived by the trust applied for the charitable purposes. Section 2 (15),Section 11 (1)and Section 12-A of the Act read as follows:
Section 2 (15)”charitable purpose includes relief of the poor, education, medical relief, preservation of environment (including watersheds, forests and wildlife)and preservation ...
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If the hospital building includes the building for Dispensary(which is in the nature of trade and commerce), then, does the whole expenditure qualifies as expenditure for charitable purpose or the only part of it and not the expenditure on dispensary building?