https://www.taxtmi.com/caselaws?id=780865 ITAT held that the AO's disallowance of a deduction under s.35AC, based solely on an investigation wing report and third-party statements, was not sustainable where the assessee produced evidence of a genuine donation and no proof was offered that funds were routed back to the assessee. The tribunal found that alleged irregularities in the donee's affairs did not automatically render the donor's payment bogus. The disallowance was deleted and the assessee's appeal allowed. en-us Fri, 17 Oct 2025 00:00:00 +0530 Thu, 06 Nov 2025 11:37:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780865 ITAT held that the AO's disallowance of a deduction under s.35AC, based solely on an investigation wing report and third-party statements, was not sustainable where the assessee produced evidence of a genuine donation and no proof was offered that funds were routed back to the assessee. The tribunal found that alleged irregularities in the donee's affairs did not automatically render the donor's payment bogus. The disallowance was deleted and the assessee's appeal allowed. Case-Laws Income Tax Fri, 17 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780865