Donation in accordance with object of the trust cannot be disallowed

DCIT Vs Maharana Pratap Education Centre (ITAT Delhi)

ITAT Delhi held that rebate and concession in fees to poor student claimed as donation is in accordance with object of the trust and hence deletion of disallowance of donation by CIT(A) is justifiable. Accordingly, appeal of revenue dismissed.

Facts- The assessee is an Educational Institution filed his return of income for AY 2013-14 declaring nill income. The case was selected for scrutiny; assessment was assessment was completed on 30.03.2016. The Assessing Officer (AO) while passing the assessment ord

Please become a Premium member. If you are already a Premium member, login here to access the full content.