https://www.taxtmi.com/caselaws?id=39514 The High Court of Andhra Pradesh interpreted Section 88 of the Income-tax Act, 1961, regarding eligibility for rebate based on donations. The Court ruled that donations in cash, not in kind, qualify for rebate under Section 88. Emphasizing that "sums paid" specifically refer to cash payments, the Court held that even if a donation is in the form of movable property, if it ultimately represents a sum of money, it is eligible for rebate. The Court concluded that the donation for constructing a school building, even if facilitated through a contractor, was intended for the construction and thus qualified for rebate under Section 88. en-us Thu, 01 Mar 1973 00:00:00 +0530 Fri, 16 Apr 2010 18:34:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39514 The High Court of Andhra Pradesh interpreted Section 88 of the Income-tax Act, 1961, regarding eligibility for rebate based on donations. The Court ruled that donations in cash, not in kind, qualify for rebate under Section 88. Emphasizing that "sums paid" specifically refer to cash payments, the Court held that even if a donation is in the form of movable property, if it ultimately represents a sum of money, it is eligible for rebate. The Court concluded that the donation for constructing a school building, even if facilitated through a contractor, was intended for the construction and thus qualified for rebate under Section 88. Case-Laws Income Tax Thu, 01 Mar 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39514