https://www.taxtmi.com/caselaws?id=37572 The court quashed the notices issued under Section 148 of the Income Tax Act for the assessment years in question, restraining the Income Tax Officer from further action. The donations received were held to be exempt under Section 10(21) as they were intended for scientific research. The court clarified that there was no requirement to spend income within the same year for exemption under Section 10(21). The petitioner was not obligated to file returns under Section 139(1) as their income was exempt, and no suppression of facts was found. en-us Tue, 30 Jan 1979 00:00:00 +0530 Tue, 30 Mar 2010 16:25:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37572 The court quashed the notices issued under Section 148 of the Income Tax Act for the assessment years in question, restraining the Income Tax Officer from further action. The donations received were held to be exempt under Section 10(21) as they were intended for scientific research. The court clarified that there was no requirement to spend income within the same year for exemption under Section 10(21). The petitioner was not obligated to file returns under Section 139(1) as their income was exempt, and no suppression of facts was found. Case-Laws Income Tax Tue, 30 Jan 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37572