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Anonymous Donations & Cash Credits: Understanding Applicability Of Section 68 & 115BBC To NGOs

Legal / Technical Resources
This edition examines a critical issue that has long affected charitable institutions in India. It focuses on the applicability of Section 68 of the Income-tax Act to voluntary contributions and the overriding framework established by Section 115BBC for anonymous donations. This issue provides conceptual clarity and practical guidance on: - Whether Section 68 applies to voluntary donations received by registered charitable institutions - The precedence of Section 115BBC as a special provision for anonymous donations - Compliance expectations for corpus contributions and religious trusts - Key judicial pronouncements shaping the current position
Language : English
Isbn :
No of pages :
Publisher : Financial Management Service Foundation
Author Information : Dr. Manoj Fogla, CA Suresh Kumar Kejriwal, Dr. Sanjay Patra and Mr. Sandeep Sharma
Published Date :

Dr. Manoj Fogla, CA Suresh Kumar Kejriwal, Dr. Sanjay Patra and Mr. Sandeep Sharma

About Author

Dr. Manoj Fogla, specialises in governance, legal & finance issues related to voluntary organisations. He is consultant to various international funding agencies, voluntary organizations and corporate foundations. 

Suresh Kumar Kejriwal is working with NGO sector since last more than 22 years. He has facilitated the process of formulating guidelines for the financial management system for NGO sector.

Dr. Sanjay Patra, A seasoned professional with a demonstrated history of working in the development sector, holds a Doctor of Philosophy (Ph.D.) focused in Monitoring and Reporting of NGO projects in India – Trends and Challenges.

Mr. Sandeep Sharma serves as the Executive Director at Financial Management Service Foundation. A seasoned trainer, facilitated more than 500 workshops across the globe on financial management, NPO governance and legal compliances.

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