Cancellation of registration post-donation not invalidate Section 35(1)(ii) deduction

Chemstar International Vs DCIT (ITAT Mumbai) mere suspicion or cancellation of registration post-donation does not invalidate Section 35(1)(ii) deduction Section 35(1)(ii) donation cannot be treated as bogus on Investigation wing report alone The case of Chemstar International vs DCIT (ITAT Mumbai) revolves around the contentious issue of income tax deduction under section 35(1)(ii) of the Income Tax Act, 1961. This deduction is specifically related to donations made towards scientific research, with the taxpayer, Chemstar International, claiming deductions for donations made to Matrivani Inst...