Voluntary contributions within the meaning of Section 12
Last updated: 10 July 2008
Court :
Brief :
Case Fact: Whether membership fee received by the society from its members can be treated as voltunary contribution u/s 12
Citation :
C.I.T Vs. Divine Light Mission
Decision: Held by hon"ble court that voluntary contribution means payment made without any compulsion. Whereas in this case, member is under an obligation to pay the fee. Hence, it could not be treated as voluntary contribution u/s 12.
CA. A. Kumar
Published in Income Tax
Views : 49
Comments
Trending Online Classes
-
Certification Course on GSTR-3B Reconciliation with GSTR-2B through AI Tools
CA Deepak Gupta15 July 2025
CAclubindia
