Case Law Analysis
|Income Tax Appellate Tribunal
Section 35(1)(ii) Income Tax Act | Retrospective Cancellation of Donee Approval Cannot Void Deductions for Genuine Donations Made During Valid Approval Period : ITAT Kolkata
ITAT Kolkata rules that when a donee institution’s approval under Section 35(1)(ii) is cancelled retrospectively, donations made by taxpayers while the approval was active and in good faith remain deductible. This protects legitimate claimants from being penalized for administrative actions taken after the fact, reinforcing legal certainty for corporate philanthropy in scientific research.