Anonymous Donations Cannot Be Treated as Unexplained Cash Credits Merely Because Donor Identity Is Unknown: ITAT   Vishakhapatnam ITAT holds that where a Section 12A trust treats anonymous donations as taxable under Section 115BBC, absence of donor particulars cannot automatically trigger Section 68 and Section 115BBE Can a charitable trust receive an anonymous donation, offer…

The post Anonymous Donations Cannot Be Treated as Unexplained Cash Credits Merely Because Donor Identity Is Unknown: ITAT appeared first on The Tax Talk.

Leave a Reply

Your email address will not be published. Required fields are marked *