https://www.taxtmi.com/caselaws?id=451040 Stay of recovery in tax matters is discretionary and depends on a strong prima facie case with supporting equities, not routine hardship alone. On the exemption question, the third proviso to section 13A was read as requiring the return to be furnished by the due date under section 139(1); a return filed later under section 139(4) was treated as insufficient to satisfy that condition. The cash-receipts issue was also decided strictly, with donations received in cash above the prescribed limit treated as falling within the restrictive proviso. The note emphasises that the conditions for exemption under section 13A are mandatory and that recovery will not ordinarily be stayed absent merit and equity. 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 Stay of recovery in tax matters is discretionary and depends on a strong prima facie case with supporting equities, not routine hardship alone. On the exemption question, the third proviso to section 13A was read as requiring the return to be furnished by the due date under section 139(1); a return filed later under section 139(4) was treated as insufficient to satisfy that condition. The cash-receipts issue was also decided strictly, with donations received in cash above the prescribed limit treated as falling within the restrictive proviso. The note emphasises that the conditions for exemption under section 13A are mandatory and that recovery will not ordinarily be stayed absent merit and equity. Case-Laws Income Tax Fri, 08 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=451040