ITAT Upholds Addition made u/s.115BBC of Income Tax Act as Anonymous Donations due to Defects in Maintaining record by Public Trust Society [Read Order]

ITAT Upholds Addition - ITAT - Addition - Income Tax Act - Anonymous Donations due to Defects in Maintaining record by Public Trust Society - Taxscan

The Pune Bench of the Income Tax Appellate Tribunal (ITAT) upheld the addition made under section 115BBC of the Income Tax Act, 1961 as Anonymous donations due to defects in maintaining record by the public trust society. The assessee, Everest Education Society, is a public trust registered under the Bombay Public Trust Act 1950 and…

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