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1962 (10) TMI 50 - SC - Income TaxWhether the amounts received by the assessee under the Attika Patra are liable to tax ? Whether the contributions made through Annadan Patra by the donor would amount to a trust or else whether it is a mere device to give the entire income to the Panda for his own benefit? Held that:- Appeal dismissed. On the true meaning of section 4(3)(i) in the absence of any finding that the Annadan income was derived from property held under a religious or charitable trust, the claim of the assessees for exemption must fail. Their claim to exemption under section 4(3)(ii) must fail because they are not a religious or charitable institution.
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