https://www.taxtmi.com/caselaws?id=398210 The Appellate Tribunal confirmed the addition of Rs. 2,35,89,700 as anonymous donations under section 115BBC of the Income-tax Act, 1961. The Tribunal emphasized that even though 85% of the donations were applied for charitable purposes, if a receipt is deemed anonymous, it falls under section 115BBC. The Tribunal set aside the previous decision due to inadequate time given to prove the genuineness of donors, directing the Assessing Officer to re-examine the case with the opportunity for the assessee to provide necessary evidence. The appeal was allowed for statistical purposes, stressing the importance of a fair examination by the AO. en-us Mon, 07 Sep 2020 00:00:00 +0530 Wed, 09 Sep 2020 11:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398210 The Appellate Tribunal confirmed the addition of Rs. 2,35,89,700 as anonymous donations under section 115BBC of the Income-tax Act, 1961. The Tribunal emphasized that even though 85% of the donations were applied for charitable purposes, if a receipt is deemed anonymous, it falls under section 115BBC. The Tribunal set aside the previous decision due to inadequate time given to prove the genuineness of donors, directing the Assessing Officer to re-examine the case with the opportunity for the assessee to provide necessary evidence. The appeal was allowed for statistical purposes, stressing the importance of a fair examination by the AO. Case-Laws Income Tax Mon, 07 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398210