Addition towards anonymous donations sustained as genuineness of cash donation not discharged

ACIT Vs Everest Education Society (ITAT Pune)

ITAT Pune held that onus of proving the genuineness of transaction of receipt of donation not discharged. Accordingly, held that all cash donation transactions are sham, a make believe story, a device adopted created to sleeve undisclosed income through anonymous donations.

Facts- The appellant assessee is public trust registered under the Bombay Public Trust Act 1950 and is also registered u/s 12A and u/s 80G of the Act.

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