https://www.taxtmi.com/caselaws?id=770238 ITAT Mumbai dismissed appeals where journalist collected Covid relief donations through Ketto platform. Court held donations taxable under section 56(2)(x) as funds were transferred to personal accounts of assessee and family members without maintaining separate accounts. Assessee mixed donations with personal funds, used them for personal purposes and investments, and failed to prove charitable end-use. Section 175 provisions applied as assessee diverted funds from stated purpose. Appeals dismissed confirming lower authorities' orders. en-us Fri, 02 May 2025 00:00:00 +0530 Tue, 06 May 2025 17:30:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770238 ITAT Mumbai dismissed appeals where journalist collected Covid relief donations through Ketto platform. Court held donations taxable under section 56(2)(x) as funds were transferred to personal accounts of assessee and family members without maintaining separate accounts. Assessee mixed donations with personal funds, used them for personal purposes and investments, and failed to prove charitable end-use. Section 175 provisions applied as assessee diverted funds from stated purpose. Appeals dismissed confirming lower authorities' orders. Case-Laws Income Tax Fri, 02 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770238