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Income Tax - Highlights / Catch Notes

Home Highlights March 2017 Year 2017 This

Reopening of assessment u/s 147 - deduction u/s 80GGB in respect ...


Section 147 Case: Electoral Trust Donations Qualify for Section 80GGB Deduction, Considered Indirect Contributions.

March 1, 2017

Case Laws     Income Tax     AT

Reopening of assessment u/s 147 - deduction u/s 80GGB in respect of its donation to Electoral Trust instead of political parties - the contribution made to ‘Electoral Trust’ is covered by the word “indirectly” and qualified for the deduction u/s 80GGB of the Act for the year under consideration - AT

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