Section 35(1)(ii) deduction cannot be denied for subsequent retrospective cancellation of approval 

Kirit Laxmichand Lapsia Vs ACIT (ITAT Mumbai) During the course of assessment on the basis of information received from DDIT (Investigation), Kolkata, the A.O has disallowed the claim of deduction u/s 35(1)(ii) of the Act to the amount of Rs.19,25,000/- as donation provided to School of Human Genetics & Population Health (SHG& PH) on the ground that said concern was engaged in providing accommodation entries of donations. During the course of appellate proceedings before us the ld. Counsel filed paper book comprising copies of various document filed before the lower authorities i.e don...