<s>[INST] What is the taxability of anonymous donation? [/INST] ​​The anonymous donations are taxable in the hands of specified trusts (except a religious trust) and institutions only if it exceeds higher of the following limit:

​Rs. 1 lakh; or
5% of total donation received.
The tax shall be levied only on the amount which exceeds higher of the above-referred limit. Anonymous donations are chargeable to tax at the rate of 30% (plus Surcharge and Health & Education Cess).​ </s>