Income Tax Act Section 35(1)(ii): No Evidence of Donation Refund; 175% Deduction Claimed by Assessee Stands Valid.

Income Tax Act Section 35(1)(ii): No Evidence of Donation Refund; 175% Deduction Claimed by Assessee Stands Valid. https://www.taxtmi.com/highlights?id=59554 Deduction u/s. 35(1)(ii) being 175% debited towards donation - He has not brought on record a specific evidence wherein donee has deposed that donations received from the assessee was paid back in cash after deducting commission. On the basis of a general information collected from the donee, the donation made by the assessee cannot be doubted. - AT en-us Mon, 06 Sep 2021 11:25:48 +0530 Sun, 05 Sep 2021 22:59:00 +0530 TaxTMI RSS Generator Income Tax Act Section 35(1)(ii): No Evidence of Donation Refund; 175% Deduction Claimed by Assessee Stands Valid. https://www.taxtmi.com/highlights?id=59554 Deduction u/s. 35(1)(ii) being 175% debited towards donation - He has not brought on record a specific evidence wherein donee has deposed that donations received from the assessee was paid back in cash after deducting commission. On the basis of a general information collected from the donee, the donation made by the assessee cannot be doubted. - AT Highlights Income Tax Mon, 06 Sep 2021 11:25:48 +0530 https://www.taxtmi.com/highlights?id=59554