https://www.taxtmi.com/caselaws?id=17158 The High Court of Madras ruled that the Kanikkai and Sambhavanai received by the religious figure were voluntary offerings made out of personal esteem and veneration, not constituting taxable income under the Income-tax Act. The court emphasized that gifts given without a professional connection are not taxable, referencing legal precedents and a prior judgment involving the same party. Consequently, the court held in favor of the assessee, rejecting the Department's argument and awarding no costs in the case. en-us Thu, 15 Feb 1996 00:00:00 +0530 Tue, 15 Sep 2009 14:24:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17158 The High Court of Madras ruled that the Kanikkai and Sambhavanai received by the religious figure were voluntary offerings made out of personal esteem and veneration, not constituting taxable income under the Income-tax Act. The court emphasized that gifts given without a professional connection are not taxable, referencing legal precedents and a prior judgment involving the same party. Consequently, the court held in favor of the assessee, rejecting the Department's argument and awarding no costs in the case. Case-Laws Income Tax Thu, 15 Feb 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17158