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Section 35AC Donations: Assessee Not Liable for Trust Account Mismanagement; Benefits Should Not Be Denied.

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Full Text of the Document

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....Disallowance being donation made u/s.35AC - if there is a malpractice or discrepancies in the management of the Trust Account for which the assessee cannot be responsible so as to deny the benefit u/s.35AC of the Act.....

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