https://www.taxtmi.com/caselaws?id=778288 ITAT MUMBAI (AT) allowed the assessee's deduction under s.35(1)(ii), overturning the AO's addition that treated donations as bogus and estimated a 5% commission. The Tribunal held the AO relied solely on the Investigation Wing's report without independent inquiry and failed to rebut the assessee's documentary evidence or prove any cheque proceeds were ploughed back. The Tribunal further held that subsequent withdrawal of recognition does not preclude earlier deductions and directed the AO to allow the claimed deductions for both years. en-us Wed, 15 Jan 2025 00:00:00 +0530 Wed, 10 Sep 2025 16:42:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778288 ITAT MUMBAI (AT) allowed the assessee's deduction under s.35(1)(ii), overturning the AO's addition that treated donations as bogus and estimated a 5% commission. The Tribunal held the AO relied solely on the Investigation Wing's report without independent inquiry and failed to rebut the assessee's documentary evidence or prove any cheque proceeds were ploughed back. The Tribunal further held that subsequent withdrawal of recognition does not preclude earlier deductions and directed the AO to allow the claimed deductions for both years. Case-Laws Income Tax Wed, 15 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778288