https://www.taxtmi.com/caselaws?id=262028 The ITAT allowed the appeals of the assessee for assessment years 2007-08 and 2008-09, ruling that donations received at religious shrines were not taxable under section 115BBC. The tribunal held that offerings made with respect and devotion, without detailed records, do not qualify as anonymous donations aimed at preventing black money inflow. The decision emphasized the impracticality for religious institutions to maintain records of donors due to the spiritual nature of offerings, ultimately concluding that such donations were not subject to taxation under the specified provision. en-us Wed, 22 Jul 2015 00:00:00 +0530 Thu, 30 Jul 2015 10:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262028 The ITAT allowed the appeals of the assessee for assessment years 2007-08 and 2008-09, ruling that donations received at religious shrines were not taxable under section 115BBC. The tribunal held that offerings made with respect and devotion, without detailed records, do not qualify as anonymous donations aimed at preventing black money inflow. The decision emphasized the impracticality for religious institutions to maintain records of donors due to the spiritual nature of offerings, ultimately concluding that such donations were not subject to taxation under the specified provision. Case-Laws Income Tax Wed, 22 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262028