Allegation of Bogus Donation: ITAT Allows Income Tax Deduction u/s 35 (1)(ii) in Absence of Material Evidence [Read Order]

The tribunal directed the AO to allow the deduction claimed by the assessee under Section 35(1)(ii).
ITAT - Income Tax Appellate Tribunal - ITAT Mumbai - Income Tax Deduction - section 35 (1) (ii) of the Income Tax - taxscan

In a recent case related to the allegation of bogus donation, the Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) allowed Income Tax deduction under section 35 (1) (ii) of the Income Tax Act, 1961 as there was no material to prove that the check paid for the donation had been ploughed back…

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