https://www.taxtmi.com/caselaws?id=69605 The Tribunal, in the case concerning a cine actor's receipt of Rs. 2.07 lakhs from Fans' Association, ruled that the amount was not taxable as professional receipts. Emphasizing the voluntary and non-professional nature of the contribution, the Tribunal distinguished legal precedents and clarified that the gift did not fall under section 28(iv) of the Income-tax Act. Considering the absence of a direct professional link and the voluntary gesture of appreciation, the Tribunal allowed the appeal in favor of the assessee, determining the amount as non-taxable income under the Income-tax Act. en-us Mon, 15 Mar 1999 00:00:00 +0530 Thu, 07 Apr 2011 18:49:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69605 The Tribunal, in the case concerning a cine actor's receipt of Rs. 2.07 lakhs from Fans' Association, ruled that the amount was not taxable as professional receipts. Emphasizing the voluntary and non-professional nature of the contribution, the Tribunal distinguished legal precedents and clarified that the gift did not fall under section 28(iv) of the Income-tax Act. Considering the absence of a direct professional link and the voluntary gesture of appreciation, the Tribunal allowed the appeal in favor of the assessee, determining the amount as non-taxable income under the Income-tax Act. Case-Laws Income Tax Mon, 15 Mar 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69605