Bombay HC Rules in Favor of Shirdi Sai Baba Trust’s Tax Exemption on Anonymous Donations | Mumbai News
The Bombay High Court recently ruled that the Shree Sai Baba Sansthan Trust in Shirdi qualifies as a religious and charitable trust, making it eligible for exemptions under the Income Tax Act for anonymous donations received. The Trust had received a significant amount of anonymous donations in 2015-16, which the assessing officer had sought to…