https://www.taxtmi.com/highlights?id=100117 Voluntary contributions specifically earmarked for temple building construction and renovation were treated as corpus donations and therefore capital receipts. The Tribunal relied on donor lists, affidavits, receipts and audited accounts showing that the funds were received and applied for the stated construction purpose, and the Revenue did not rebut that material. It held that such earmarked corpus donations do not become taxable merely because the trust is unregistered under section 12A. Following prior ITAT authority, the addition for voluntary contributions was deleted as unsustainable. en-us Tue, 26 May 2026 08:24:42 +0530 Tue, 26 May 2026 08:24:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=100117 Voluntary contributions specifically earmarked for temple building construction and renovation were treated as corpus donations and therefore capital receipts. The Tribunal relied on donor lists, affidavits, receipts and audited accounts showing that the funds were received and applied for the stated construction purpose, and the Revenue did not rebut that material. It held that such earmarked corpus donations do not become taxable merely because the trust is unregistered under section 12A. Following prior ITAT authority, the addition for voluntary contributions was deleted as unsustainable. Highlights Income Tax Tue, 26 May 2026 08:24:42 +0530 https://www.taxtmi.com/highlights?id=100117