Bombay HC upholds tax exemption on anonymous donations to Shirdi Sai Baba Trust
Bombay High Court has ruled that Shree Sai Baba Sansthan Trust, Shirdi, is a religious and charitable trust. This means its anonymous donations are eligible for tax exemptions under the Income Tax Act. The decision came after the Income Tax Appellate Tribunal upheld the trust’s eligibility, challenging the IT Commissioner’s stance.