Welcome to Monday Corner, an initiative from Tax Publishers…

Quiz for the week (19 Jan 2026) :

Welfare Trust is a registered charitable trust enjoying tax exemption under the income tax Act,1961. It received identified donation of Rs.22 lakhs and anonymous donation of Rs.8 lakhs during the financial year 2024-25. How much is the income-tax payable on anonymous donation by the trust?

Share your thoughts on the above on or before 26th January, 2026.

Email your reply at quiz.taxpub@gmail.com

Answers :