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2016 (9) TMI 1399 - HC - Income TaxAnonymous donation as provided U/s. 115(BBC) r/w Section 68 - Held that:- Questions No. 1 and 2 does not arise since Section 115 (BBC) itself was inserted in the Income Tax Act, 1961 w.e.f. 01.04.2007 and assessment year in question is 2007-08. Addition u/s 68 on account of unexplained corpus donation - Held that:- It could not be disputed that same is covered by Supreme Court's judgment in Sargam Cinema Vs. Commissioner of Income Tax (2009 (10) TMI 569 - Supreme Court of India ) wherein similar question has been answered in favour of Assessee.
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