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Income Tax - Highlights / Catch Notes

Home Highlights October 2019 Year 2019 This

Addition u/s 68 or 115BBC - The anonymous donations will not be ...


Anonymous Donations Exempt from Sections 68, 115BBC for Religious Trusts, Not Educational or Medical Institutions.

October 9, 2019

Case Laws     Income Tax     AT

Addition u/s 68 or 115BBC - The anonymous donations will not be covered if donations received by any trust or institution created or established wholly for religious purposes or donations received by any trust or institution created or established for both religious as well as charitable purposes other than any anonymous donation made with a specific direction that such donation is for any university or other educational institution or any hospital or other medical institution run by such trust or institution.

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