Court Declares Shirdi Sai Baba Sansthan As A Religious And Charitable Trust; Rules That Its Anonymous Donations Are Not Taxable : Bombay High Court
On October 8, 2024, the Bombay High Court ruled that the Shree Sai Baba Sansthan Trust, Shirdi, qualifies as both a religious and charitable trust. As a result, the trust is entitled to an exemption from income tax on anonymous donations amounting to Rs. 159.12 crores received in its cash collection box during the assessment years 2015 to 2019. A division bench comprising Justices Girish Kulkarni and Somasekhar Sundaresan upheld…
