https://www.taxtmi.com/caselaws?id=471125 Anonymous donations received by a trust pursuing both religious and charitable purposes fall outside section 115BBC(1), unless donors specifically direct them to an educational or medical institution run by the trust. Registration under section 80G does not establish exclusive charitable status because sections 80G and 115BBC operate independently. Expenditure on constructing a university building and acquiring books and periodicals for charitable and educational objects qualifies as application of income, as does an endowment contribution directly connected with educational activities. A genuine allowable charitable claim is not barred merely because it was not separately claimed in the return. Statutory interest requires consequential recomputation after assessment relief. en-us Tue, 01 Apr 2025 00:00:00 +0530 Fri, 21 Aug 2026 20:33:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471125 Anonymous donations received by a trust pursuing both religious and charitable purposes fall outside section 115BBC(1), unless donors specifically direct them to an educational or medical institution run by the trust. Registration under section 80G does not establish exclusive charitable status because sections 80G and 115BBC operate independently. Expenditure on constructing a university building and acquiring books and periodicals for charitable and educational objects qualifies as application of income, as does an endowment contribution directly connected with educational activities. A genuine allowable charitable claim is not barred merely because it was not separately claimed in the return. Statutory interest requires consequential recomputation after assessment relief. Case-Laws Income Tax Tue, 01 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471125