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1974 (4) TMI 31 - HC - Income Tax
Extract:
.......cceed and are allowed. The respondent, Income-tax Officer, is directed not to include the value of the shares, etc., mentioned above, received by the petitioners by way of donations from the J. K. Charitable Trust as petitioners income, but to treat the dividend income as governed by section 11 of the Act. The petitioners will be entitled to costs.