https://www.taxtmi.com/highlights?id=73645 Revision u/s 263 - deduction u/s 80GGC - Genuineness of donation to the political party - We agree with the observations made by PCIT that it is quite unusual that assessee is taking loans for making the aforesaid donations and accordingly, the Assessing Officer should have made further enquiries to ascertain whether the aforesaid loan is genuine in the first place or not. - AT en-us Mon, 18 Dec 2023 09:07:01 +0530 Mon, 18 Dec 2023 09:07:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=73645 Revision u/s 263 - deduction u/s 80GGC - Genuineness of donation to the political party - We agree with the observations made by PCIT that it is quite unusual that assessee is taking loans for making the aforesaid donations and accordingly, the Assessing Officer should have made further enquiries to ascertain whether the aforesaid loan is genuine in the first place or not. - AT Highlights Income Tax Mon, 18 Dec 2023 09:07:01 +0530 https://www.taxtmi.com/highlights?id=73645