https://www.taxtmi.com/caselaws?id=35606 Collections made through sale bills for charitable purposes do not become trading receipts merely because they are recovered as part of the billing process. The Bombay HC rejected the view that inclusion in sale bills, by itself, made the amounts assessable as income, and applied the Supreme Court principle on dharmada and charitable collections that the form of collection is not decisive of character. The collections were therefore not liable to be taxed as the assessee's income, and the reference was answered in favour of the assessee. en-us Fri, 16 Oct 1981 00:00:00 +0530 Mon, 15 Mar 2010 14:47:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35606 Collections made through sale bills for charitable purposes do not become trading receipts merely because they are recovered as part of the billing process. The Bombay HC rejected the view that inclusion in sale bills, by itself, made the amounts assessable as income, and applied the Supreme Court principle on dharmada and charitable collections that the form of collection is not decisive of character. The collections were therefore not liable to be taxed as the assessee's income, and the reference was answered in favour of the assessee. Case-Laws Income Tax Fri, 16 Oct 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35606