https://www.taxtmi.com/caselaws?id=292252 The Tribunal ruled in favor of the assessee, allowing the deduction of Rs. 10,00,000 under section 35AC, as the donation was made when the trust had valid recognition. The reopening of the assessment under section 147 was not addressed, as the decision was based on merits. The appeal was partly allowed, overturning the additions made by the AO and confirmed by the CIT(A). en-us Fri, 05 Apr 2019 00:00:00 +0530 Wed, 13 Nov 2024 12:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292252 The Tribunal ruled in favor of the assessee, allowing the deduction of Rs. 10,00,000 under section 35AC, as the donation was made when the trust had valid recognition. The reopening of the assessment under section 147 was not addressed, as the decision was based on merits. The appeal was partly allowed, overturning the additions made by the AO and confirmed by the CIT(A). Case-Laws Income Tax Fri, 05 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292252