https://www.taxtmi.com/caselaws?id=37137 The High Court of Allahabad held that relief under section 80G of the Income Tax Act is not applicable to donations in kind, emphasizing that the donation should be in cash to qualify for the section. The court ruled against the assessee-HUF, denying exemption for the donation of shares to a trust for the assessment year 1971-72. The decision was in favor of the department, with costs awarded to the CIT. en-us Wed, 06 Sep 1978 00:00:00 +0530 Fri, 26 Mar 2010 17:01:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37137 The High Court of Allahabad held that relief under section 80G of the Income Tax Act is not applicable to donations in kind, emphasizing that the donation should be in cash to qualify for the section. The court ruled against the assessee-HUF, denying exemption for the donation of shares to a trust for the assessment year 1971-72. The decision was in favor of the department, with costs awarded to the CIT. Case-Laws Income Tax Wed, 06 Sep 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37137