Trust engaged in providing Bogus bills for donation: ITAT rejects deduction claimed u/s 35 (1) (ii) of Income Tax Act [Read Order]

ITAT Ahmadabad - Income Tax Act - Section 35(1)(ii) Income Tax Act - Trust donation bill fraud - Deduction rejection for bogus donations - Taxscan

The Ahmadabad bench of the Income Tax Appellate Tribunal ( ITAT ) rejected the deduction claimed under Section 35(1)(ii) of the Income Tax Act, 1961, citing that the trust was involved in issuing bogus bills for donations. ITAT rejected the deduction claimed under Section 35(1) (ii) of the Income Tax Act, 1961, citing that the…

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