https://www.taxtmi.com/caselaws?id=5191 Customary dharmada collections, when expressly earmarked for charitable purposes, are sufficiently certain to create an enforceable obligation to apply the receipts only to charity. Such amounts are not void for vagueness merely because they differ from the broader notion of dharma. Where the payments are separately collected and separately accounted for, and are not credited to the trading account or treated as part of the sale price, they are not consideration for goods and do not constitute trading receipts. The Supreme Court therefore treated the dharmada amounts as valid charitable receipts and not taxable income of the trader. en-us Tue, 07 Nov 1978 00:00:00 +0530 Tue, 03 Feb 2015 12:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5191 Customary dharmada collections, when expressly earmarked for charitable purposes, are sufficiently certain to create an enforceable obligation to apply the receipts only to charity. Such amounts are not void for vagueness merely because they differ from the broader notion of dharma. Where the payments are separately collected and separately accounted for, and are not credited to the trading account or treated as part of the sale price, they are not consideration for goods and do not constitute trading receipts. The Supreme Court therefore treated the dharmada amounts as valid charitable receipts and not taxable income of the trader. Case-Laws Income Tax Tue, 07 Nov 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5191