<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Tax Authority Confirms Rs. 7 Lakh Donation as Legitimate Charitable Expense; Validates Income Application for Tax Deduction.</title>
    <link>https://www.taxtmi.com/highlights?id=51212</link>
    <description>Genuineness of the donation for a charitable activity - assessee has lent its hands by giving donation of &amp;#8377; 7 lakhs - when the genuineness of the donation for a charitable activity could not be controverted by AO then the amount used as application of the income of the assessee is definitely an allowable expenditure.</description>
    <language>en-us</language>
    <pubDate>Tue, 14 Jan 2020 08:34:11 +0530</pubDate>
    <lastBuildDate>Tue, 14 Jan 2020 08:34:11 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=600230" rel="self" type="application/rss+xml"/>
    <item>
      <title>Tax Authority Confirms Rs. 7 Lakh Donation as Legitimate Charitable Expense; Validates Income Application for Tax Deduction.</title>
      <link>https://www.taxtmi.com/highlights?id=51212</link>
      <description>Genuineness of the donation for a charitable activity - assessee has lent its hands by giving donation of &amp;#8377; 7 lakhs - when the genuineness of the donation for a charitable activity could not be controverted by AO then the amount used as application of the income of the assessee is definitely an allowable expenditure.</description>
      <category>Highlights</category>
      <law>Income Tax</law>
      <pubDate>Tue, 14 Jan 2020 08:34:11 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=51212</guid>
    </item>
  </channel>
</rss>