Saturday 19 September 2015

Trust giving educational scholarship can't be said to be engaged in object of general public utility

IT : Scholarships is 'education', not 'any other object of general public utility'. Trust cannot be denied exemption by invoking the first proviso to sec 2(15) where its activities in fact fall within the heads 'education', 'medical relief' and 'relief of the poor' even if its objects allow it to carry on any activity for 'advancement of any other object of general public utility'

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