https://www.taxtmi.com/caselaws?id=437466 The revenue's appeal against the deletion of the addition of Rs.2,61,72,000/- as anonymous donations under Section 115BBC of the Income Tax Act, 1961 was dismissed. The Commissioner of Income Tax (Appeals) ruled in favor of the assessee trust, a charitable organization, stating that the trust had provided names and addresses of all donors, meeting the requirements of the law. The Tribunal upheld this decision, emphasizing the trust's compliance with maintaining donor identities, leading to the conclusion that the donations were not anonymous as per Section 115BBC. en-us Wed, 03 May 2023 00:00:00 +0530 Sat, 06 May 2023 10:09:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437466 The revenue's appeal against the deletion of the addition of Rs.2,61,72,000/- as anonymous donations under Section 115BBC of the Income Tax Act, 1961 was dismissed. The Commissioner of Income Tax (Appeals) ruled in favor of the assessee trust, a charitable organization, stating that the trust had provided names and addresses of all donors, meeting the requirements of the law. The Tribunal upheld this decision, emphasizing the trust's compliance with maintaining donor identities, leading to the conclusion that the donations were not anonymous as per Section 115BBC. Case-Laws Income Tax Wed, 03 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437466