ITAT Upholds Revision: No AO Inquiry on Political Donation Receipts for 80GGC Deduction

In a landmark decision, the Income Tax Appellate Tribunal (ITAT) Ahmedabad has upheld the order passed by the Principal Commissioner of Income Tax-3, Ahmedabad, challenging the adequacy of inquiry by the Assessing Officer (AO) regarding political donations claimed under Section 80GGC. The case, Rakesh Balubhai Padariya Vs PCIT, revolves around the assessment year 2018-19, where the assessee’s claim of a deduction amounting to Rs. 25,00,000 for donations made to a political party named “Apna Desh Party” was scrutinized and subsequently challenged under Section 263 of the Incom...