Weighted deduction u/s. 35(1)(ii) disallowed as institution didn’t had valid registration

Kapadia Marketing Inc Vs ITO (ITAT Ahmedabad)

ITAT Ahmedabad held that weighted deduction under section 35(1)(ii) of the Income Tax Act rightly disallowed as donation is given to Arvindo Institute of Applied Scientific Research Trust who doesn’t have valid registration. Accordingly, appeal of assessee dismissed.

Facts- During the impugned assessment year, the assessee had claimed a sum of Rs. 1,05,00,000/- as deduction u/s. 35(1)(ii) of the Act, being 150% of deduction made to specified scientific research institution. On perusal of the records, AO observe

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