https://www.taxtmi.com/caselaws?id=769540 ITAT Hyderabad upheld CIT(A)'s decision allowing weighted deduction under section 35(2AA) for donations to a scientific research institution. The assessee donated funds for constructing an auditorium at IISc Bangalore. Revenue argued the donation was capital in nature and ineligible for deduction. ITAT ruled that despite being for construction, the auditorium would facilitate scientific research activities including seminars and workshops, qualifying for deduction under section 35(1)(ii). The tribunal dismissed Revenue's appeal, confirming the deduction was properly allowed. en-us Thu, 24 Apr 2025 00:00:00 +0530 Sat, 26 Apr 2025 08:30:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769540 ITAT Hyderabad upheld CIT(A)'s decision allowing weighted deduction under section 35(2AA) for donations to a scientific research institution. The assessee donated funds for constructing an auditorium at IISc Bangalore. Revenue argued the donation was capital in nature and ineligible for deduction. ITAT ruled that despite being for construction, the auditorium would facilitate scientific research activities including seminars and workshops, qualifying for deduction under section 35(1)(ii). The tribunal dismissed Revenue's appeal, confirming the deduction was properly allowed. Case-Laws Income Tax Thu, 24 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769540