https://www.taxtmi.com/caselaws?id=753042 The ITAT Mumbai ruled in favor of a charitable trust (now assessed as AOP after surrendering 12A registration) regarding deduction claims. The tribunal confirmed that donations under Section 80G(2)(iiif) to approved educational institutions are not subject to the 10% gross total income restriction under Section 80G(4), allowing 50% deduction on Rs.1,42,33,000 donated to an approved university. The tribunal also upheld the CIT(A)'s direction to verify and grant Section 80GGA deduction despite being clubbed with 80G in the return, finding the claim was properly made. The carry forward of excess expenditure ground was dismissed as infructuous since no Section 11-12 benefits were claimed. en-us Tue, 21 May 2024 00:00:00 +0530 Thu, 23 May 2024 08:37:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753042 The ITAT Mumbai ruled in favor of a charitable trust (now assessed as AOP after surrendering 12A registration) regarding deduction claims. The tribunal confirmed that donations under Section 80G(2)(iiif) to approved educational institutions are not subject to the 10% gross total income restriction under Section 80G(4), allowing 50% deduction on Rs.1,42,33,000 donated to an approved university. The tribunal also upheld the CIT(A)'s direction to verify and grant Section 80GGA deduction despite being clubbed with 80G in the return, finding the claim was properly made. The carry forward of excess expenditure ground was dismissed as infructuous since no Section 11-12 benefits were claimed. Case-Laws Income Tax Tue, 21 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753042