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Income Tax - Highlights / Catch Notes

Home Highlights December 2011 Year 2011 This

Anonymous donations - section 68 has no application because the ...

Case Laws     Income Tax

December 17, 2011

Anonymous donations - section 68 has no application because the assessee had disclosed the donation as its income and it cannot be disputed that all receipts other than corpus donation would be the income in the hands of the assessee.... - AT

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  10. Assessment of trust - ‘anonymous donation' - AO despite having the information could not show that, the donors are not existing or the assets are not existing. It is...

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  12. Rejection of application for settlement of the Case - full and true disclosure of the income - the manner in which such income has been derived - Section 245(C) of the...

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