https://www.taxtmi.com/caselaws?id=5415 The Supreme Court addressed the assessment of amounts collected as Dharmada by a transport company for charitable purposes. The Court held that the High Court should have directed the Tribunal to clarify the nature of the collected amounts under section 256(2) of the Income-tax Act. The Court allowed the appeal, set aside the High Court's judgment, and directed the Tribunal to state the question for clarification. The Court also granted leave in related appeals and special leave petitions involving similar issues in the transport business, emphasizing the need for clarity on the assessment of amounts charged for various assessment years. en-us Wed, 31 Mar 1993 00:00:00 +0530 Mon, 24 Nov 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5415 The Supreme Court addressed the assessment of amounts collected as Dharmada by a transport company for charitable purposes. The Court held that the High Court should have directed the Tribunal to clarify the nature of the collected amounts under section 256(2) of the Income-tax Act. The Court allowed the appeal, set aside the High Court's judgment, and directed the Tribunal to state the question for clarification. The Court also granted leave in related appeals and special leave petitions involving similar issues in the transport business, emphasizing the need for clarity on the assessment of amounts charged for various assessment years. Case-Laws Income Tax Wed, 31 Mar 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5415