Considering the assessee’s failure to maintain the fool-proof ...

Income Tax

November 30, 2017

Considering the assessee’s failure to maintain the fool-proof records on the identity of the donors, we are of the opinion that the principle of adhocism adopted by CIT(A) is the only method available in this case for taxing donations as “Anonymous Donations”. - AT

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Considering the assessee’s failure to maintain the fool-proof ...

Income Tax

November 30, 2017

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