Supreme Court · 1978 INSC 227 · Decided 7 November 1978
Commissioner of Income Tax, (Central) Delhi, New Delhi v. Bijli Cotton Mills (P) LTD., Hathras DISTT., Aligarh
- Court
- Supreme Court of India
- Citation
- 1978 INSC 227 · [1979] 2 S.C.R. 241
- Case number
- CIVIL APPEAL No. 1328/1973
- Decided
- 7 November 1978
- Bench
- P.N. BHAGWATI, V.D. TULZAPURKAR (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Income Tax Act
Headnote
Indian Income Tax A.ct. 1922 s. ~(3)(i) & s. 10(1)-Assessee colleoted moneys on sale of goods und~r t.he htad "D/larmada"-Kept the amount in a separate account-Created a trust-Utilised the fnoney for charitable purposes- --.--- Whether amount realised cowld be regarded as whether void as Val?Ut Qnd uncertain. ; ·-'\ Words & Phrases-"D•armada"-meaning of. The assessee reali3ed certain amounts of money on account of Dharmada (charity) from its customers on sale of yarn and bales of cotton which was its principal business. The amounts so
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