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Documents citing Ganga Prasad Varma Memorial Society vs Commissioner Of Income-Tax, Lucknow. on 5 May, 1981

Assistant Commissioner Of Income Tax vs Peare Lal Sharma Memorial Trust Society on 24 March, 2000

In the case of Ganga Prasad Verma Memorial Society vs. CIT (supra), it was held that the words "political condition" denote "the raising of moral, intellectual, economic, social and political conditions of the people in general." This was sought to be achieved by the dissemination of knowledge to the people. In the context, the term "political conditions" did not imply advancing of any political charity or political leader. The emphasis was on the raising of the tone of the people in general, by raising their morale, intellectual, economic, social and political condition.
Income Tax Appellate Tribunal - Delhi Cites 10 - Cited by 0 - Full Document

Samajbadi Society vs Assistant Cit on 30 June, 2000

See in this connection the decision of Delhi High Court in the case of Jaipur Charitable Trust v. CIT (1981) 127 ITR 6201, the observation at page 629 to the effect "where on the other hand as in the present case the constitution itself provides that the purpose shall be carried out by engaging in an activity which has a predominant profit motive, the exemption would not be available even though no activity for profit is actually carried on" and the decision of Allahabad High Court in the case of Ganga Prasad Varma Memorial Society v. CIT (1982) 134 ITR 4212 wherein it has been held that It was ruled that inhibition of the exclusionary clause would be attracted if the purpose of the trust or institution in fact involves the carrying on of an activity for profit, or, in another words, if an activity for profit is actually carried on as an integral part of the purpose or as a matter of advancement of the purpose. There must be an activity for profit and it must be involved in carrying out the purpose of the trust or institution or, to put it differently, it must be carried on in order to advance the purpose or in the course of carrying out the purpose of the trust or institution."
Income Tax Appellate Tribunal - Cuttack Cites 17 - Cited by 0 - Full Document

Samajbadi Society vs Assistant Commissioner Of Income-Tax on 30 June, 2000

Sec in this connection the decision of Delhi High Court in the case of Jaipur Charitable Trust v. CIT [1981] 127 ITR 620, the observation at page 629 to the effect "where on the other hand as in the present case the constitution itself provides that the purpose shall be carried out by engaging in an activity which has a predominant profit motive, the exemption would not be available even though no activity for profit is actually carried on" and the decision of Allahabad High Court in the case of Ganga Prasad Varma Memorial Society v. CIT [1982] 134 ITR 421 wherein it has been held that "It was ruled that inhibition of the exclusionary clause would be attracted if the purpose of the trust or institution in fact involves the carrying on of an activity for profit, or, in another words, if an activity for profit is actually earned on as an integral part of the purpose or as a matter of advancement of the purpose. There must be an activity for profit and it must be involved in carrying out the purpose of the trust or institution or, to put it differently, it must be carried on in order to advance the purpose or in the course of carrying out the purpose of the trust or institution."
Income Tax Appellate Tribunal - Cuttack Cites 17 - Cited by 0 - Full Document
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