Tribunal Confirms Anonymous Status of Trust's Cash Donations Due to Incomplete Donor Information, Upholds Tax Demand.

Exemption u/s 11 - assessment of trust - cash donations were anonymous as contemplated u/s 115 BBC - ITAT observed that, the inspection report mentioned about donors having not found on the given address. There were incomplete and vague addresses. It has drawn adverse inference against the appellant and has concluded that the decision of the assessment officer holding the donations to be anonymous u/s115 BBC of the Act was justified on facts and in law. - Demand confirmed - HC .....

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