Allowing the appeal of the asssessee the Tribunal held that ; retrospective cancellation of approval, donor’s claim of deduction could not be denied as at the time of receipt of donation institute was benefitted by the approval as per S.35(1)(ii).( AY. 2014-15 )
P.R. Rolling Mills (P.) Ltd. v. DCIT (2018) 171 ITD 683/ 196 TTJ 494 (Jaipur)(Trib.)
S. 35 : Scientific research expenditure – Retrospective cancellation of approval, donor’s claim of deduction could not be denied as at the time of receipt of donation institute was benefitted by the approval as per S.35(1)(ii). [ S. 35(1)(ii) ]