Corpus donation - Anonymous treatment

[PRIYAM KHAMBHATA]

Respected Sir

Charitable Trust, registered u/s.12A of the Income tax Act, 1961. During the year 2025-26, the Charitable Trust has received total 2,00,00,000/- contribution for specific purpose, which has been credited in Bank through NEFT/RTGS/UPI. Therefore, in Books of Accounts, we consider the same as Corpus Donation and showing in Balance sheet. Out of the total contribution of Rs.90,00,000 donors name are not known. Hence, we could not file Donation statement in Form 10BD for the FY 2025-26. In this connection, do we consider such Rs.90,00,000 contribution as Anonymous contribution in filing Audit Report Form 10B/10BB as well as in Return of Income filing..

Please guide me

AI Summary

Anonymous corpus donations require charitable trusts to evaluate donor-identification reporting and disclosure treatment in audit reports and income tax returns.
Unidentified specific-purpose contributions recorded as corpus donations require consideration of whether they must also be treated as anonymous contributions for audit-report and income-tax return purposes. The issue includes the effect of unavailable donor names on filing the donor statement in Form 10BD and on corresponding disclosures in audit reporting and return filing.