https://www.taxtmi.com/caselaws?id=20853 The High Court ruled against the assessee on the issue of deduction claim under section 80G, citing that donations in kind were not eligible for deduction. However, the Court decided in favor of the assessee on the interpretation of "regular assessment" in section 216, emphasizing the discretionary nature of interest levy under this section and aligning with the ordinary meaning of the term as per the Income-tax Act, 1961. The judgment provided a detailed analysis of legal provisions and precedents, ensuring consistency in the application of tax laws. en-us Wed, 04 Nov 1992 00:00:00 +0530 Tue, 17 Nov 2009 16:08:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20853 The High Court ruled against the assessee on the issue of deduction claim under section 80G, citing that donations in kind were not eligible for deduction. However, the Court decided in favor of the assessee on the interpretation of "regular assessment" in section 216, emphasizing the discretionary nature of interest levy under this section and aligning with the ordinary meaning of the term as per the Income-tax Act, 1961. The judgment provided a detailed analysis of legal provisions and precedents, ensuring consistency in the application of tax laws. Case-Laws Income Tax Wed, 04 Nov 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20853