https://www.taxtmi.com/caselaws?id=151251 The Supreme Court allowed the appeal against the High Court's decision, holding that amounts collected as 'DHARMADA' for charitable purposes and kept in a separate account are not taxable. The Court directed the Tribunal to state questions under Section 256(2) for further consideration. In related appeals and special leave petitions, the Court granted leave and emphasized the need for clarity on the assessability of revenue receipts. The judgments aligned with the initial appeal, focusing on distinguishing between charitable and business-related funds and ensuring adherence to legal precedents in tax law interpretation. en-us Wed, 31 Mar 1993 00:00:00 +0530 Wed, 07 Aug 2013 13:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151251 The Supreme Court allowed the appeal against the High Court's decision, holding that amounts collected as 'DHARMADA' for charitable purposes and kept in a separate account are not taxable. The Court directed the Tribunal to state questions under Section 256(2) for further consideration. In related appeals and special leave petitions, the Court granted leave and emphasized the need for clarity on the assessability of revenue receipts. The judgments aligned with the initial appeal, focusing on distinguishing between charitable and business-related funds and ensuring adherence to legal precedents in tax law interpretation. Case-Laws Income Tax Wed, 31 Mar 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151251