Unexplained Cash Credit: Donation via Cheque Accepted as Proof u/s 68, No Income Addition for Assessee.

Unexplained Cash Credit: Donation via Cheque Accepted as Proof u/s 68, No Income Addition for Assessee. https://www.taxtmi.com/highlights?id=40715 Unexplained cash credit u/s 68 - proof of donation received - the assessee not only disclosed its donation but also produced confirmation from the Secretary of the trust who has given the donation through cheque. The said donation was utilized for charitable activities - No additions. en-us Tue, 07 Aug 2018 08:37:50 +0530 Tue, 07 Aug 2018 08:37:50 +0530 TaxTMI RSS Generator Unexplained Cash Credit: Donation via Cheque Accepted as Proof u/s 68, No Income Addition for Assessee. https://www.taxtmi.com/highlights?id=40715 Unexplained cash credit u/s 68 - proof of donation received - the assessee not only disclosed its donation but also produced confirmation from the Secretary of the trust who has given the donation through cheque. The said donation was utilized for charitable activities - No additions. Highlights Income Tax Tue, 07 Aug 2018 08:37:50 +0530 https://www.taxtmi.com/highlights?id=40715