Amount of bogus donation not deductible u/s 35(1)(ii)

DCIT Vs P.R. Rolling Mills Pvt. Ltd. (ITAT Jaipur) ITAT Jaipur held that benefit of deduction under section 35(1)(ii) of the Income Tax Act unavailable on bogus donation on adoption of unfair means. Facts- AO has passed a detailed order wherein he has concluded that the approval u/s. 35(1)(ii) of the act granted to M/s. School of Human Genetics & Population Health was being misused and the assessee was part of the such racket. It was observed that the assessee took benefit of such racket by claiming a 175% of deduction on payment of a meagre 3 % Commission of the so-called donation amount....