Donation to Unrecognized Research Institute Ineligible for Deduction u/s 35(1)(ii): ITAT Ahmedabad

Brightech Valves & Controls Pvt. Ltd. Vs DCIT (ITAT Ahmedabad) Donation to unrecognised research institute not eligible for deduction u/s. 35(1)(ii): ITAT Ahmedabad Donation to Unrecognized Research Institute Ineligible for Deduction u/s 35(1)(ii): ITAT Ahmedabad ITAT Ahmedabad held that donation to, Shri Arvindo Institute of applied scientific research, which is not recognised research institute is not eligible for deduction under section 35(1)(ii) of the Income Tax Act. Accordingly, deduction disallowed and appeal dismissed. Facts- Assessee-company is engaged in the business of manufactu...