Tax Deduction U/s 80G of Income Tax Act Allowable on Donation received by Public Trust for Recycling Plastic Waste: ITAT [Read Order]

Tax Deduction - Income Tax Act - Donation - Public Trust - Recycling Plastic Waste-ITAT-TAXSCAN

The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has tax deductions under section 80G of the Income Tax Act, 1961 allowable on donations received by public trusts for recycling plastic waste. Huhtamaki Foundation, the assessee challenged the impugned order passed in Form No.10AD by the Commissioner of Income Tax (Exemption), Mumbai [“CIT(E)”] rejecting the…

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