https://www.taxtmi.com/caselaws?id=26612 The court held that the income received by the assessee for the assessment year 1973-74 was not taxable under the Income Tax Act. The offerings received were deemed voluntary, irregular, and not in exchange for services rendered, thus not constituting taxable income. The court agreed with the Tribunal's decision that the amount received was not liable to tax. As a result, the court ruled in favor of the assessee against the Revenue, with no costs awarded and directed the order to be sent to the Tribunal. en-us Wed, 14 Aug 1985 00:00:00 +0530 Sat, 06 Feb 2010 13:10:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26612 The court held that the income received by the assessee for the assessment year 1973-74 was not taxable under the Income Tax Act. The offerings received were deemed voluntary, irregular, and not in exchange for services rendered, thus not constituting taxable income. The court agreed with the Tribunal's decision that the amount received was not liable to tax. As a result, the court ruled in favor of the assessee against the Revenue, with no costs awarded and directed the order to be sent to the Tribunal. Case-Laws Income Tax Wed, 14 Aug 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26612