Anonymous Donation
“Anonymous donation” means any voluntary contribution referred to in section 2(49)(c) of the Income Tax Act, 2025, where a person receiving such contribution does not maintain a record of the identity indicating the name and address of the person making such contribution and such other particulars as may be prescribed. (Section 355(a)).
As per section 337 of the Act, any such anonymous donation received by a registered non-profit organisation, excluding the anonymous donations up to Rs. 1,00,000 or 5% of the total donations received by it during the tax year, whichever is higher, will be considered as Specified income and will be taxed at the rate of 30%, in the Tax year in which such anonymous donation is received.
However, the provisions of section 337 will not apply to a registered non-profit organisation created or established:
