https://www.taxtmi.com/caselaws?id=420722 The Tribunal dismissed the appeals for Assessment Years 2009-10 and 2010-11, upholding the disallowance of the donation claimed under Section 35AC and validating the reopening of assessment based on search findings. It emphasized evaluating transaction genuineness using the test of human probabilities and surrounding circumstances. The appeals were dismissed, affirming the disallowance and reopening of assessment. en-us Fri, 25 Mar 2022 00:00:00 +0530 Thu, 07 Apr 2022 10:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420722 The Tribunal dismissed the appeals for Assessment Years 2009-10 and 2010-11, upholding the disallowance of the donation claimed under Section 35AC and validating the reopening of assessment based on search findings. It emphasized evaluating transaction genuineness using the test of human probabilities and surrounding circumstances. The appeals were dismissed, affirming the disallowance and reopening of assessment. Case-Laws Income Tax Fri, 25 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420722