Sunday, July 02, 2006

How do you say Bob Jones in Hindi?

The Bombay High Court has decided that teaching yoga or meditation are charitable activities for purposes of the income tax. In the case of CIT v. Rajneesh Foundation, the court said that meditation is an important source for mental and spiritual well-being in India and, increasingly, around the world. Promoting such activities thus qualified for an exemption provided that the fees collected were reinvested in the entity's charitable activities. Indian law generally defines charitable to include relief of the poor, education, medical relief, or the advancement of the general public utility. Previous courts have held that the exemption for charitable or religious purposes should be understood within the context of the Sanskrit term "dharma," a word that is often translated as "religion" in English but has a rather broader use.

0 Comments:

Post a Comment

<< Home