Donation taxation

whether donation received is taxable for a company
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Quick Summary
This discussion explores whether donations received by a company are considered taxable income. Generally, donations are taxable if the company provides something in return to the donor. However, if the donation is purely for the company's growth without any exchange, it may not be taxable as income from other sources.

Basically, donations are taxable income if donors receive something in exchange for their generosity. Otherwise, they're non-taxable 

Ok sir .If a company receives donation for the sake of its growth whether it is taxable in the hands of the company as income from other sources

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