Categorizing donation as anonymous is unsustainable when donor’s identity is established

ACIT Vs Siddhartha Academy of General & Technical Education (ITAT Visakhapatnam)

Held that identity of the donors as provided u/s 115BBC of the Act has been established by the assessee. Accordingly, the donations cannot be categorized as anonymous donations and cannot be subjected to tax.

Facts-

The assessee is a Trust running educational institutions. The assessee filed its ROI for the A.Y. 2016-17 admitting total income of Rs. NIL.

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