2017 (8) TMI 112 - SCH - Income Tax

Donations received by trust - Assessing Officer treating the donations received as income under section 68 - Held that - Full disclosure of income by the assessee and also application of the donations for charitable purposes. It is not in dispute that the objects and activities of the assessee were charitable in nature - Section 68 has no application. See Director of Income-Tax (Exemption) Versus Keshav Social And Charitable Foundation 2005 (9) TMI 662 - DELHI HIGH COURT