Addition justified for Bogus Donation received by Educational Trust

Brijbasi Education And Welfare Society Vs PCIT (Delhi High Court) Conclusion:  Addition made by AO against Educational Trust on account ofdonations were found to be bogus  was justified as  assessee failed to discharge the onus of proof cast upon it and no attempt was made to produce credible material to corroborate the transactions or to explain the contradictory evidence that it was confronted with. Held:  Assessee was an educational trust, duly registered under the provisions of Section 12AA and was enjoying exemption under Section 80G thereof. Assessee had failed to explain the donatio...