TaxTMI 
TaxTMI 
TaxTMI Home / 
Tax deduction denied on donations under Section 35(1)(ii) due to forged approval, revenue appeal allowed
X X X X Extracts X X X X
X X X X Extracts X X X X
....ITAT allowed Revenue's appeal and restored the disallowance of weighted deduction claimed u/s 35(1)(ii) by the assessee on donations made to a specified research institute. The Tribunal held that the donee institute did not have valid approval u/s 35(1)(ii) after 31.03.2006 and had procured donations on the basis of forged documents, rendering the assessee's claim impermissible in law. Relying on its earlier decision in a comparable case and the adverse findings of the Revenue, ITAT upheld the AO's action and quashed the order of CIT(A) which had granted relief to the assessee.....