M/S.RADHA-SAOMI SAT SANG,SAOMI BAGH,AGRA vs COMMISSIONER OF INCOME TAX

The Supreme Court held that the Radha Swami Satsang is entitled to exemption under Sections 11 and 12 of the Income Tax Act, 1961, as the income derived was held under trust for charitable purposes. The Court clarified that no formal document is necessary to create a trust, and the property must be held for public benefit. The High Court's ruling against the exemption was overturned, affirming the Tribunal's decision that the income was exempt from taxation.