https://www.taxtmi.com/caselaws?id=451040 Section 13A exemption requires strict compliance with its prescribed conditions. Filing a return after the due date under section 139(1) under the belated-return provision does not satisfy the third proviso to section 13A. Cash donations exceeding the prescribed limit fall within the restriction in clause (d) of the first proviso, and distinguishing donations from voluntary contributions does not avoid that condition. Stay of tax recovery is discretionary and requires a strong prima facie case, supporting equities, and a favourable balance of convenience. Absence of undue haste or mala fides in recovery action, together with failure to pursue available remedies promptly, does not justify suspension of recovery pending appeal. en-us Fri, 08 Mar 2024 00:00:00 +0530 Wed, 08 May 2024 18:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=451040 Section 13A exemption requires strict compliance with its prescribed conditions. Filing a return after the due date under section 139(1) under the belated-return provision does not satisfy the third proviso to section 13A. Cash donations exceeding the prescribed limit fall within the restriction in clause (d) of the first proviso, and distinguishing donations from voluntary contributions does not avoid that condition. Stay of tax recovery is discretionary and requires a strong prima facie case, supporting equities, and a favourable balance of convenience. Absence of undue haste or mala fides in recovery action, together with failure to pursue available remedies promptly, does not justify suspension of recovery pending appeal. Case-Laws Income Tax Fri, 08 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=451040