Voluntary contributions within the meaning of Section 12
Last updated: 12 March 2008
Court :
Supreme Court
Brief :
Citation :
C.I.T Vs. Divine Light Mission
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.
Rahul Tibrewal
Published in Income Tax
Views : 41
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