Wednesday, July 10, 2019

Donor's claim of deduction couldn't be denied just because there was retrospective cancellation of sec. 35 approval

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

from www.taxmann.com Latest Case Laws https://ift.tt/2S3NCj4

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