Even God’s Money isn’t Tax-Exempt: Kerala HC in Guruvayur Case

Guruvayur Devaswom Committee Vs ITO (Kerala High Court) Divine offerings, Human Taxes- When Devotion meets Deduction- Even God’s Money isn’t Tax-Exempt : Kerala HC backs IT Dept in Guruvayur Case The honourable Kerala High Court in Guruvayur Devaswom Committee vs. ITO  upheld the constitutional validity of Section 2(24)(iia) of the Income-tax Act, 1961, introduced by the Finance Act, 1972, which brought “voluntary contributions” received by trusts or institutions created or established wholly or partly for charitable or religious purposes (other than corpus donations) within the am...