Anonymous donations in educational trust
This query is : Resolved
Brijesh Chhillar
(Querist)
13 February 2015
Cash deposited by Donors in their bank account and then transfers in trust in the same day. If trust unable to prove the genuineness of cash, then whether it comes under the preview of anonymous donations or unexplained cash credit.
CA R SEETHARAMAN
(Expert)
13 February 2015
It is cash deposited by donors in bank ac hence it comes under the purview of anonymous donations.
Rupesh Jain
(Expert)
14 February 2015
yes it come under anonymous donation.
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