{"id":47978,"date":"2024-11-16T19:42:26","date_gmt":"2024-11-16T14:12:26","guid":{"rendered":"https:\/\/itatonline.org\/digest\/joshi-technologies-international-inc-v-cit-it-tp-2024-204-itd-496-ahdtrib\/"},"modified":"2024-11-16T19:42:26","modified_gmt":"2024-11-16T14:12:26","slug":"joshi-technologies-international-inc-v-cit-it-tp-2024-204-itd-496-ahdtrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/joshi-technologies-international-inc-v-cit-it-tp-2024-204-itd-496-ahdtrib\/","title":{"rendered":"Joshi Technologies International Inc. v. CIT (IT &#038; TP) (2024) 204 ITD 496 (Ahd)(Trib)"},"content":{"rendered":"<p>Assessee-company made donation to a trust during year and claimed weighted deduction at rate of 175 per cent under section 35(1)(ii).\u00a0 Assessing Officer allowed the deduction.\u00a0\u00a0 Commissioner invoked revision jurisdiction on ground that approval granted to said institute for receiving donations under said section had expired long back. He\u00a0 set aside order of Assessing Officer. On appeal the Tribunal held that\u00a0 since institute to which donation was made by assessee during relevant assessment year was not approved for said purposes for impugned year as approval granted to said institute expired long back, Assessing Officer had committed an error in allowing said claim of assessee for weighted deduction.\u00a0 Order of revision is affirmed. (AY. 2015-16)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 263 : Commissioner-Revision of orders prejudicial to revenue-Scientific research expenditure-Donation-Approval granted was expired-Claim of weighted deduction was incorrect-Order is erroneous. [S. 35(1)(ii)] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-47978","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-ctQ","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/47978","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=47978"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/47978\/revisions"}],"predecessor-version":[{"id":47979,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/47978\/revisions\/47979"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=47978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=47978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=47978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}