Tax Concession Can't Be Denied Based On Vehicle Registered In The Name Of Trust And Not School: Madras High Court

The Madras High Court ruled that a tax concession cannot be denied merely because a vehicle is registered in the name of a trust rather than the school it operates. In this case, the tax authorities had denied tax benefits on a vehicle used for educational purposes because it was registered under the trust. The court emphasized that as long as the vehicle is being used for the intended charitable purpose, such technicalities should not prevent the concession. This judgment sets a precedent for trusts and institutions seeking tax exemptions for vehicles used in non-profit activities.