2023 (2) TMI 310

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....velopers and promoters etc. The Return of Income for the assessment year 2013-14 was filed on 29.07.2013 declaring total income of Rs.39,55,040/-. Against the said return of income, the assessment was completed by the Dy. Commissioner of Income Tax, Circle-7, Pune ('the Assessing Officer') vide order dated 28.03.2016 passed u/s 143(3) of the Income Tax Act, 1961 ('the Act') at total income of Rs.68,40,040/-. While doing so, the Assessing Officer disallowed the weighted deduction u/s 35(1)(ii) in respect of donations of Rs.15,00,000/- paid to one NGO's viz. School of Human Genetics and Population Health, based on the information received from the Directorate of Investigation Wing of the Income Tax Department, Kolkata, whereby, the modus oper....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... in this regard. However, the ld. CIT(A) after analyzing the contents of the report received from Directorate of Investigation Wing of the Income Tax Department, Kolkata had come to the conclusion that the said organization was indulged in the activity of providing accommodation entries in the form of bogus donations and the appellant had not availed the opportunities to produce any person from the said organization to prove the genuineness of these donations, accordingly, confirmed the action of the Assessing Officer. 5. Being aggrieved by the decision of the ld. CIT(A), the appellant is in appeal before us in the present appeal. 6. The ld. AR reiterated the same contentions as advanced before the ld. CIT(A). 7. On the other hand,....