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2018 (10) TMI 730 - AT - Income TaxDeduction u/s 80GGA - contribution made to Population and Social Development - allowability of professional and legal fees as expenditure under the head income from other sources - Held that:- contributions made to Population and Social Development would be eligible for deduction u/s 35AC in respect of business assessees and u/s 80GGA of the Act in respect of non-business assessees - It is not in dispute that the assessee not having business income would be eligible for deduction u/s 80GGA of the Act in respect of contributions made to eligible organizations. - Decided against the revenue. Deduction of expenditure - income from other sources - Held that:- the payment of professional and legal fees were with regard to some disputes pertaining to the properties of the assessee trust, which has got absolutely no bearing on the earning of interest income on deposits. - Claim not allowed - Decided in favor of revenue.
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