https://www.taxtmi.com/caselaws?id=391587 The case involved a dispute over the disallowance of a donation claimed under Section 35(1)(ii) of the Income-tax Act, 1961 for scientific research. The Revenue challenged the disallowance, alleging the recipient foundation's involvement in a bogus donation syndicate. However, the CIT (Appeals) and Tribunal found no concrete evidence to support the disallowance. Emphasizing the proper utilization of funds and lack of evidence against the foundation, the Tribunal dismissed the appeal, stating no substantial question of law arose. The decision underscored the necessity of verifying deductions and utilizing legitimate channels for transactions in cases involving scientific research donations. en-us Mon, 20 Jan 2020 00:00:00 +0530 Sat, 01 Feb 2020 07:58:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391587 The case involved a dispute over the disallowance of a donation claimed under Section 35(1)(ii) of the Income-tax Act, 1961 for scientific research. The Revenue challenged the disallowance, alleging the recipient foundation's involvement in a bogus donation syndicate. However, the CIT (Appeals) and Tribunal found no concrete evidence to support the disallowance. Emphasizing the proper utilization of funds and lack of evidence against the foundation, the Tribunal dismissed the appeal, stating no substantial question of law arose. The decision underscored the necessity of verifying deductions and utilizing legitimate channels for transactions in cases involving scientific research donations. Case-Laws Income Tax Mon, 20 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391587