Bombay High Court Allows Revenue Appeal in Anonymous Donations Tax Case — Hundi Collections of Religious-Cum-Charitable Trust Held Taxable Under Section 115BBC(1). The court ruled that a trust registered under Section 80G cannot claim the exception under Section 115BBC(2)(b) for anonymous donations, as Section 80G registration is only for charitable purposes, not religious.
8 Oct 2024The case involves appeals by the Revenue under Section 260A of the Income-tax Act, 1961, against a common order of the Income-tax Appellate Tribunal (...
