Deduction u/s 35(1)(ii) - Provisions of the Act are very clear ...
Section 35(1)(ii): No Tax Disallowance if Payee's Recognition Revoked After Contribution Date.
July 11, 2020
Case Laws Income Tax AT
Deduction u/s 35(1)(ii) - Provisions of the Act are very clear that the payer (the assessee herein) would not get affected if the recognition granted to the payee had been withdrawn subsequent to the date of contribution by the assessee. Hence no disallowance u/s 35(1)(ii)
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