https://www.taxtmi.com/caselaws?id=285428 The Tribunal dismissed the Revenue's appeal regarding the disallowance of a donation under section 35(1)(ii) of the Act. The disallowance was deleted by the ld.CIT(A) based on the lack of specific evidence and cross-examination regarding alleged bogus donations, following a precedent set in a similar case. The Tribunal upheld the deletion, emphasizing the absence of concrete proof and the timing of the cancellation of the donee's certificate. The decision favored the assessee, as doubts on the donation's genuineness were not adequately substantiated, leading to the dismissal of the Revenue's appeal. en-us Wed, 17 Jul 2019 00:00:00 +0530 Sat, 11 Jan 2020 06:58:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285428 The Tribunal dismissed the Revenue's appeal regarding the disallowance of a donation under section 35(1)(ii) of the Act. The disallowance was deleted by the ld.CIT(A) based on the lack of specific evidence and cross-examination regarding alleged bogus donations, following a precedent set in a similar case. The Tribunal upheld the deletion, emphasizing the absence of concrete proof and the timing of the cancellation of the donee's certificate. The decision favored the assessee, as doubts on the donation's genuineness were not adequately substantiated, leading to the dismissal of the Revenue's appeal. Case-Laws Income Tax Wed, 17 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285428