Case Law Analysis
|Income Tax Appellate Tribunal
Section 35(1)(ii) IT Act | Deduction Cannot Be Denied Due to Post-Donation Cancellation of Research Institution Approval : ITAT Nagpur
ITAT Nagpur rules that a taxpayer’s deduction under Section 35(1)(ii) of the Income Tax Act cannot be disallowed merely because the research institution’s approval was cancelled after the donation was made. The ruling reinforces statutory protection for taxpayers relying on valid approvals at the time of donation, preventing retrospective disallowance of legitimate claims.