https://www.taxtmi.com/caselaws?id=283475 The rejection of approval under section 80G of the Income Tax Act based on expenditure criteria was found to be incorrect by the Income Tax Appellate Tribunal (ITAT). The Commissioner's decision was deemed factually incorrect as the assessee had set apart the unspent portion of receipts in accordance with the rules. Additionally, the ITAT clarified that section 11(2) is not relevant for granting approval under section 80G, directing the Commissioner to grant approval to the assessee. The outcome favored the assesses, similar to a previous case, with the orders pronounced in their favor on October 27, 2015. en-us Tue, 27 Oct 2015 00:00:00 +0530 Wed, 09 Oct 2019 17:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283475 The rejection of approval under section 80G of the Income Tax Act based on expenditure criteria was found to be incorrect by the Income Tax Appellate Tribunal (ITAT). The Commissioner's decision was deemed factually incorrect as the assessee had set apart the unspent portion of receipts in accordance with the rules. Additionally, the ITAT clarified that section 11(2) is not relevant for granting approval under section 80G, directing the Commissioner to grant approval to the assessee. The outcome favored the assesses, similar to a previous case, with the orders pronounced in their favor on October 27, 2015. Case-Laws Income Tax Tue, 27 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283475