https://www.taxtmi.com/caselaws?id=414575 The Tribunal allowed the appeal of the assessee, setting aside the orders of the AO and CIT(A). The assessee was held eligible for the deduction under Section 35(1)(ii) of the Income-tax Act, 1961. The Tribunal found in favor of the assessee on the validity of the CIT(A) order, interpretation of Explanation to Section 35, genuineness of the donation, and charging of interest and penalty proceedings. The appeal was pronounced in open court on 21.10.2021. en-us Thu, 21 Oct 2021 00:00:00 +0530 Thu, 11 Nov 2021 10:22:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414575 The Tribunal allowed the appeal of the assessee, setting aside the orders of the AO and CIT(A). The assessee was held eligible for the deduction under Section 35(1)(ii) of the Income-tax Act, 1961. The Tribunal found in favor of the assessee on the validity of the CIT(A) order, interpretation of Explanation to Section 35, genuineness of the donation, and charging of interest and penalty proceedings. The appeal was pronounced in open court on 21.10.2021. Case-Laws Income Tax Thu, 21 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414575