https://www.taxtmi.com/caselaws?id=70792 Voluntary contributions received by an employees welfare trust were held not to be income chargeable to tax where the payments were discretionary, not receivable as of right, and were applied for the trust's objects. The receipts were not shown to be corpus contributions, but the trust was non-charitable, so the inclusive definition of income in section 2(24)(iia) for charitable trusts did not apply. The amounts were treated as gratuitous receipts rather than periodical monetary returns from a definite source, and therefore did not fall within the concept of income under section 56(1). The assessee succeeded. en-us Fri, 25 Jul 1986 00:00:00 +0530 Mon, 13 Jun 2011 17:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70792 Voluntary contributions received by an employees welfare trust were held not to be income chargeable to tax where the payments were discretionary, not receivable as of right, and were applied for the trust's objects. The receipts were not shown to be corpus contributions, but the trust was non-charitable, so the inclusive definition of income in section 2(24)(iia) for charitable trusts did not apply. The amounts were treated as gratuitous receipts rather than periodical monetary returns from a definite source, and therefore did not fall within the concept of income under section 56(1). The assessee succeeded. Case-Laws Income Tax Fri, 25 Jul 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70792