Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Pharmacy Income Not Separate Business, Exempt u/s 11: ITAT grants Relief to Charitable Hospital
ITAT ruled in favor of a charitable hospital, stating that its pharmacy income is not a separate business and is exempt under Section 11 of the Income Tax Act. Section 11 provides exemptions to income derived from property held under trust for charitable or religious purposes. The tribunal considered the pharmacy to be an integral part of the hospital's charitable activities.