1997 (5) TMI 433

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....following questions for opinion of this Court : "1. Whether, on the facts and in the circumstances of the case, the Tribunal was legally correct in holding that the amount collected on account of charity was not the income of the assessee and was not includible in its assessments? 2. Whether, on the facts and in the circumstances of the case, the Tribunal was legally correct in holding th....

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....and therefore, they could not be brought to tax. Similar view was taken by the Tribunal. Following the said authority we answer the question in the affirmative i.e. in favour of the assessee and against the Revenue. Question No. 1 arising from ITA Nos. 116 and 117 is identical to the aforementioned question which too is answered in the affirmative i.e. in favour of the assessee and against the Re....