Scope of Section 115 BBC on trust - Registration under Section ...

Case Laws Income Tax

September 12, 2015

Scope of Section 115 BBC on trust - Registration under Section 12A denied - anonymous donations received by the Assessee would qualify for deduction and it cannot be included in its assessable income. - HC

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Scope of Section 115 BBC on trust - Registration under Section ...

Case Laws Income Tax

September 12, 2015

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This case deals with the tax liability u/s 115BBC(1) for anonymous donations received in the "Hundi" by a charitable and religious trust. The key points are: The...

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