Romancing The Taxation- Ramdev baba's Divya Yog's Income

Romancing The Taxation- Ramdev baba's Divya Yog's Income...

YOG TRUST IS TAX EXEMPT: ITS MAIN OBJECT IS TO IMPART TRAINING IN YOGA, FOR EDUCATION AND CURING OF DISEASE

The predominant object of imparting Yoga training through well structured Yoga shivirs is to provide medical relief and impart education, which fall under the category of charitable objects defined under section 2(15).
Yoga can be safely accepted as a system that fits into the definition of medical relief.The predominant objective of the assessee-trust was to provide medical relief through Ayurveda and propagation of Yoga for the purpose of curing various diseases;

The proviso to section 2(15) applies only to trusts falling in the last limb of the definition of charitable purpose, that too if such trust carries on commercial activities in the nature of business, trade or commerce. The said proviso does not apply to a trust providing education and medical relief. Thus, revenue was not justified in refusing the exemption claimed by assessee-trust under sections 11 and 12 - DIVYA YOG MANDIR TRUST V. JCIT