Judgment

JUDGMENT:- This appeal by special leave is covered by the judgment of this Court in Commissioner of Income-tax v. Andhra Chamber of Commerce (55 ITR 722) and in Addl. Commissioner of Income-tax, Gujarat v. Surat Art Silk Cloth Manufacturers Association (121 ITR 1) : (AIR 1980 SC 387). It is clear from the judgment in Commissioner of Income-tax v. Andhra Chamber of Commerce (supra) that the objects of the Andhra Chamber of Commerce fell within the last head of charitable purpose denoted by the words "advancement of any other object of general public utility" and were, therefore, charitable within the meaning of Sec. 2 (15) of the Income-tax Act 1961 unless it could be shown that they involved the carrying on of any activity for profit. The words "not involving carrying on of any activity for profit" came up for consideration before this Court in Addl. Commissioner of Income-tax, Gujarat v. Surat Art Silk Cloth Manufacturers Association (supra) and there it was held by the majority Judges that it was only where the predominant object and purpose of the activity carried on was to earn profit, that the object could be said to involve the carrying on of an activity for profit bu