Friday, May 10, 2019

Sec. 80G approval couldn't be denied just because there was possibility of misuse of donations

IT: Merely because assessee charitable educational institution was prosperous and failed to state as to why there was need for donations and it failed to submit list of proposed donors, approval under section 80(5)(vi) could not be denied merely upon possibility of misuse of donations

from www.taxmann.com Latest Case Laws http://bit.ly/2DYeStG

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