TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Anonymous Donations Over 5% or 100K Face 30% Tax, with Exemptions for Religious and Charitable Trusts</h1> This statutory provision addresses taxation of anonymous donations for educational, medical, and charitable institutions. If an entity receives anonymous donations exceeding five percent of total donations or one lakh rupees, it will be taxed at 30% on the excess amount. Certain religious and charitable trusts are exempted from this provision. An anonymous donation is defined as a voluntary contribution where the donor's identity is not recorded, including name, address, and other prescribed details.
TaxTMI 
TaxTMI 
