THE COMMISSIONER OF INCOME-TAX, PUNJAB vs SHRI THAKUR DAS BHARGAVA, ADVOCATE, HISSAR.

The Supreme Court held that the amount of Rs. 32,500 received by the advocate was his professional income and liable to income tax under the Indian Income-tax Act, 1922. The Court clarified that no trust or legally enforceable obligation was created at the time of receipt, and the subsequent creation of a charitable trust did not alter the nature of the income. The decision of the Punjab High Court was upheld, affirming that the voluntary desire to create a trust did not exempt the income from taxation.