https://www.taxtmi.com/caselaws?id=207497 ITAT held the donations were not taxable as anonymous where receipts showed donor names and addresses and donor confirmations were not required; the revenue's s.68 challenge therefore failed. Amounts previously disclosed as income in the return could not be treated as unexplained, consistent with higher-court authority. Regarding accumulation under s.11(2), the assessee failed to furnish Form No.10 with prescribed particulars before completion of assessment, so the benefit of accumulation was rightly denied because the AO lacked necessary information to compute income at assessment. en-us Fri, 30 Sep 2011 00:00:00 +0530 Thu, 25 Sep 2025 17:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207497 ITAT held the donations were not taxable as anonymous where receipts showed donor names and addresses and donor confirmations were not required; the revenue's s.68 challenge therefore failed. Amounts previously disclosed as income in the return could not be treated as unexplained, consistent with higher-court authority. Regarding accumulation under s.11(2), the assessee failed to furnish Form No.10 with prescribed particulars before completion of assessment, so the benefit of accumulation was rightly denied because the AO lacked necessary information to compute income at assessment. Case-Laws Income Tax Fri, 30 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207497