donation box receipts

[satbir singhwahi]

Registered society is running a charitable hospital, the donation boxes are placed at various shops in the town. The receipts are issued in the name and address of the shop, of the  amount collected from the donation boxes placed at their shop. Whether section 115BBC  can threat this donation as anonymous ? Then What to Do.

AI Summary

Charitable Hospital's Donations in Shops: Clarification on Anonymous Donation Rules Under Section 115BBC of Income Tax Act. A registered society operating a charitable hospital places donation boxes in various shops around town. Receipts for donations collected are issued in the name and address of each shop. A query was raised about whether these donations could be considered anonymous under section 115BBC of the Income Tax Act. The response advised keeping a receipt book at each shop, noting that donations up to Rs. 1 lakh or 5% of total donations, whichever is higher, are exempt from the taxing provision.