Deduction claimed by donor disallowed where donee fails to file statement of donations; amendment corrects drafting error. The amendment corrects sub section (1A) of section 35 to provide that the deduction claimed by the donor for donations to specified research associations, ... Summary
Deduction claimed by donor disallowed where donee fails to file statement of donations; amendment corrects drafting error.
The amendment corrects sub section (1A) of section 35 to provide that the deduction claimed by the donor for donations to specified research associations, educational institutions or companies shall be disallowed unless the donee files the required statement of donations, aligning the rule with section 80G and taking effect retrospectively from April 1, 2021.
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