CBDT Turns Heat On 100s Of Donors Who Claimed Deduction U/s 35(1)(ii) In Bogus Donation Racket

The CBDT has launched a crackdown on 100s of alleged unscrupulous assessees who claimed deduction u/s 35(1)(ii) by making donations to alleged bogus institutions. The CBDT has provided a list of the donors and directed that in order to curb the blatant misuse of the beneficial provision, appropriate remedial action with respect to the donors should be initiated by the AOs.