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2018 (4) TMI 716

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..... . Mr. Rishi Agrawala,Adv. Mr. Vivek Jain,Adv. Mr. Nishant Rao,Adv. For Mr. E. C. Agrawala, AOR For The Respondent : Mr. K.Radhakrishna,Sr.Adv. Mr. Parthiv Goswami,Adv. Ms. Meenakshi Grover,Adv. For Mrs. Anil Katiyar, AOR ORDER List the matter for final disposal in the second week of April, 2018 on a non-miscellaneous day. The validity of Section 35AC(7) of the Income Tax, 1961 inserted w.e.f .....

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..... d the interest of the respondent-Revenue. We, therefore, direct that the donors who want to donate some money to the petitioner for construction of the specified hospital by the petitioner may claim exemption under Section 35AC of the Income Tax Act. However, in case the petitioner does not succeed here, the petitioner will be liable to pay the amount of tax and applicable interest so claimed by .....

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