Thursday, August 9, 2018

No denial of sec. 35 deduction if approval to scientific research society was cancelled with retro-effect

IT: Where approval granted under section 35(1)(ii) to scientific research society is cancelled subsequently with retrospective effect, weighted deduction claimed by assessee under section 35(1)(ii) cannot be denied, if there was valid and subsisting approval when donation was given

from www.taxmann.com Latest Case Laws https://ift.tt/2M8myiY

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