https://www.taxtmi.com/caselaws?id=289070 The appeal challenging the reopening of assessment under section 147 of the Income Tax Act was allowed by the Tribunal. The Tribunal ruled in favor of the appellant, allowing the deduction claimed under section 35(1)(ii) for the donation made to the School of Human Genetics & Population Health. The Tribunal emphasized that withdrawal of recognition subsequent to the donation did not affect the eligibility for the deduction, following the precedent set in a similar case, Mahesh C. Thakker vs. ACIT. The decision favored the appellant, granting the appeal for the assessment year 2012-2013. en-us Mon, 28 Oct 2019 00:00:00 +0530 Sun, 12 Jul 2020 15:55:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289070 The appeal challenging the reopening of assessment under section 147 of the Income Tax Act was allowed by the Tribunal. The Tribunal ruled in favor of the appellant, allowing the deduction claimed under section 35(1)(ii) for the donation made to the School of Human Genetics & Population Health. The Tribunal emphasized that withdrawal of recognition subsequent to the donation did not affect the eligibility for the deduction, following the precedent set in a similar case, Mahesh C. Thakker vs. ACIT. The decision favored the appellant, granting the appeal for the assessment year 2012-2013. Case-Laws Income Tax Mon, 28 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289070