1978 (4) TMI 89 - HC - Income Tax

Summary

The High Court of Allahabad held that a charitable trust was not entitled to tax exemption due to certain objects not qualifying as public charity. The Tribunal was directed to rehear the appeal for assessment years 1965-66 and 1966-67 and make a decision based on merits, not just previous rulings. The Tribunal was instructed to decide the matter in accordance with law, following the Supreme Court and Madras High Court precedents. The assessee was awarded costs of Rs. 200.