ITAT Confirms U/s 263 Revision for Unexamined U/s 80G Donation

Ideal Sheet Metal Stampings & Pressings Pvt. Ltd. Vs PCIT (ITAT Ahmedabad) Bogus-donation alert ignored by AO: s.263 upheld where 80G claim to Aadhar Foundation went unexamined — ITAT Ahmedabad ITAT Ahmedabad  , Tribunal dismissed Assessee’s appeal & upheld revision u/s 263. Tribunal noted that Assessee claimed ₹6 lakh deduction u/s 80G on donation of ₹12 lakh to M/s Aadhar Foundation, an entity found in a search u/s 132 to be engaged in providing bogus donation entries. Despite this information being available during scrutiny, AO did not conduct any enquiry beyond accepting t...