Mumbai tax tribunal rules Rana Ayyub’s Rs 2.7 Crore COVID fund as taxable income, exposes misuse of donations
On May 2, 2025, the Income Tax Appellate Tribunal (ITAT) in Mumbai delivered a landmark ruling against journalist Rana Ayyub, affirming that the Rs 2.7 crore she raised through online crowdfunding campaigns during the COVID-19 pandemic constitutes taxable …