https://www.taxtmi.com/caselaws?id=390643 The ITAT Mumbai Bench allowed the appeal of the assessee, directing the Assessing Officer to permit the deduction of Rs. 52.50 lakhs claimed under Section 35(1)(ii) of the Income Tax Act, 1961. The Tribunal held that the retrospective withdrawal of approval for deductions to the recipient organization should not invalidate the deduction claimed by the assessee, emphasizing the statutory explanation under Section 35(1)(ii) and the lack of opportunity for the assessee to cross-examine the trustee of the recipient organization. en-us Mon, 06 Jan 2020 00:00:00 +0530 Wed, 08 Jan 2020 10:45:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390643 The ITAT Mumbai Bench allowed the appeal of the assessee, directing the Assessing Officer to permit the deduction of Rs. 52.50 lakhs claimed under Section 35(1)(ii) of the Income Tax Act, 1961. The Tribunal held that the retrospective withdrawal of approval for deductions to the recipient organization should not invalidate the deduction claimed by the assessee, emphasizing the statutory explanation under Section 35(1)(ii) and the lack of opportunity for the assessee to cross-examine the trustee of the recipient organization. Case-Laws Income Tax Mon, 06 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390643