ITAT Mumbai Quashes Reassessment & Allows Section 80GGC Deduction on Political Donation

Abhishek Jayketu Joshi Vs AC CIR-42(2)(1) (ITAT Mumbai) ITAT Mumbai Quashes Reassessment and Allows Section 80GGC Deduction on Political Donation The Mumbai Bench of the ITAT allowed the assessee’s appeal for AY 2019-20 and quashed the entire reassessment proceedings, holding that the mandatory procedure under section 148A was violated. Consequently, the disallowance of ₹5,00,000 claimed under section 80GGC towards political donation was also deleted. The assessee, Abhishek Jayketu Joshi, had claimed deduction under section 80GGC for a donation made by cheque to Kisan Party of India, a pol...