https://www.taxtmi.com/caselaws?id=401864 Weighted deduction under section 35(1)(ii) was available where donations were made to an institution that held valid approval at the time of payment. The statutory Explanation provides that deduction cannot be denied merely because the approval is withdrawn later, so a subsequent cancellation does not by itself invalidate the donor's claim. The same principle applies where approval is withdrawn retrospectively or after the donation, if the payment was made while approval remained in force. The disallowance of the weighted deduction was therefore not sustainable, and the assessee's claim was allowed. en-us Mon, 14 Dec 2020 00:00:00 +0530 Fri, 18 Dec 2020 16:35:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401864 Weighted deduction under section 35(1)(ii) was available where donations were made to an institution that held valid approval at the time of payment. The statutory Explanation provides that deduction cannot be denied merely because the approval is withdrawn later, so a subsequent cancellation does not by itself invalidate the donor's claim. The same principle applies where approval is withdrawn retrospectively or after the donation, if the payment was made while approval remained in force. The disallowance of the weighted deduction was therefore not sustainable, and the assessee's claim was allowed. Case-Laws Income Tax Mon, 14 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401864