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Section 115BBC & 13(7) - Anonymous Donations

Income Tax - Charitable, Religious, Educational Trust or Institutions or Organizations and Political Parties - 14 - SEC - 115BBC & 13(7): ANONYMOUS DONATIONS Anonymous Donation means any voluntary contribution where a person receiving such contribution and does not maintain a record of the identity indicating the name and address of the person making such contribution and such other particulars as may be prescribed. Where the total income of a trust, includes any income by way of any anonymo .....

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ction 115BBC if: (i)such donations are received by any trust/ institutions established wholly for religious purposes. Therefore in case of a trust owning a temple, the offerings/ donations made by the devotees etc. shall not be taxable under this section even if the names/ addresses of donors are not there. Such donations shall be subjected to provisions of section 11 & 12. (ii)such donations are received by any trust/ institutions established wholly for religious and charitable purposes. Ho .....

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