https://www.taxtmi.com/caselaws?id=374237 The Tribunal ruled in favor of the assessee, determining that the anonymous donations received by the charitable trust were not taxable under Section 115BBC(1) of the Income Tax Act. The trust's status as a religious charitable trust exempted it under Section 115BBC(2). The delay in filing the appeal was considered reasonable and condoned by the Tribunal. Other issues such as disallowance of depreciation, carry forward of deficit, and levy of interest were not extensively addressed, with the focus remaining on the taxability of anonymous donations. en-us Tue, 15 Jan 2019 00:00:00 +0530 Mon, 05 Oct 2020 08:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374237 The Tribunal ruled in favor of the assessee, determining that the anonymous donations received by the charitable trust were not taxable under Section 115BBC(1) of the Income Tax Act. The trust's status as a religious charitable trust exempted it under Section 115BBC(2). The delay in filing the appeal was considered reasonable and condoned by the Tribunal. Other issues such as disallowance of depreciation, carry forward of deficit, and levy of interest were not extensively addressed, with the focus remaining on the taxability of anonymous donations. Case-Laws Income Tax Tue, 15 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374237