Anonymous donation - membership fees and receipt for carnival ...

Funds from Carnival Event for Students Not Anonymous Donations, Used for Prizes and Office Expenses per Tax Rules.

August 14, 2019

Case Laws     Income Tax     AT

Anonymous donation - membership fees and receipt for carnival expenses - carnival was organized for old Xavierians and present Xavierians students only - assessee is showing that impugned amount was received under four heads for specific purposes and has incurred expenses for prize distribution, carnival expenses and other office establishment expenses then the same cannot be treated as anonymous donation

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