https://www.taxtmi.com/caselaws?id=459338 ITAT Kolkata denied deduction u/s 35(1)(ii) for donations made to trusts SHGHP and MIERE. The assessee initially claimed deduction u/s 80G but later sought correction to claim u/s 35(1)(ii). Following Supreme Court precedent in Batanagar Education and Research Trust, the tribunal found the donee trusts were involved in organized fraud based on survey findings and post-survey enquiries. The tribunal held that Revenue successfully disproved the donor's claim with credible material evidence. CIT(A)'s relief was set aside, and Revenue's grounds were allowed. en-us Thu, 13 Jul 2023 00:00:00 +0530 Mon, 09 Dec 2024 19:09:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459338 ITAT Kolkata denied deduction u/s 35(1)(ii) for donations made to trusts SHGHP and MIERE. The assessee initially claimed deduction u/s 80G but later sought correction to claim u/s 35(1)(ii). Following Supreme Court precedent in Batanagar Education and Research Trust, the tribunal found the donee trusts were involved in organized fraud based on survey findings and post-survey enquiries. The tribunal held that Revenue successfully disproved the donor's claim with credible material evidence. CIT(A)'s relief was set aside, and Revenue's grounds were allowed. Case-Laws Income Tax Thu, 13 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459338