2026 (2) TMI 557

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....nces of the case and in law, the ld. CIT(A)/NFAC was justified in deleting the addition of Rs. 2,00,000/- made by the Assessing Officer on account of disallowance of deduction claimed u/s. 80GGC of the Act, without appreciating that the assessee had failed to establish the genuineness of the donation made to the Rashtriya Samajwadi Party (Secular), which was found to be one of the entities involved in providing accommodation entries in the guise of political donations as revealed during the search operation on RUPPs and related intermediaries? 2. Whether on the facts and in the circumstances of the case and in law, the ld. CIT (A) was justified in holding that no cogent material was brought on record against the specific trans....

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....t consequent upon search action carried in the case of RUPPs group, Ahmedabad as per Section 132 of the Act, the political party i.e. Rashtriya Samajwadi Party (Secular) was found to be one of the entities that was involved in providing accommodation entries. Based on the information received from Investigation Wing, Ahmedabad that the said political party was involved in providing accommodation entries of bogus donation, the case of the assessee was reopened u/s. 147/148 of the Act, wherein the A.O had disallowed deduction of Rs. 2 lakhs u/s. 80GGC of the Act. 3. When the matter went before the first appellate authority, the Ld. CIT(Appeals)/NFAC had deleted the addition observing as follows: "It is not in dispute that the....