Tribunal held that if at time of giving donation to research institute it had a valid approval granted under section 35(1)(ii) subsequent withdrawal of such approval would not be a reason to deny deduction claimed by donor. (AY. 2014-15)
Urnish Jewellers v. ACIT (2019) 177 ITD 364 (Mum.)(Trib.)
S. 35 : Scientific research–Approval granted was cancelled subsequently with retrospective effect–Weighted deduction cannot be denied if there was valid and subsisting approval when donation was given.[S. 35(1)(ii)]