ITAT Denies Tax Deduction for Donation to Unapproved Scientific Research Trust

Parag Dave Vs DCIT (ITAT Ahmedabad) Tax Deduction Denied to Assessee for Donation to Unapproved Research Body Ahmedabad: The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench, has upheld the disallowance of a tax deduction claimed by an individual, Parag Dave, for a donation made to Shri Arvindo Institute of Applied Scientific Research Trust. The tribunal ruled that the trust’s approval under Section 35(1)(ii) of the Income Tax Act, 1961, had expired well before the donation was made, rendering the contribution ineligible for the weighted deduction. Parag Dave, engaged in the busines...