Disallowance of ₹10 Lakh Donation u/s 35AC: ITAT Restores Matter to AO

The ITAT has restored a matter related to the disallowance of a donation to the AO for further investigation. The taxpayer’s donation was disallowed due to insufficient proof or documentation regarding its eligibility for deduction. The tribunal directed the AO to reconsider the matter after thoroughly reviewing the documentation and verifying the authenticity of the donation. This decision highlights the importance of proper documentation for charitable donations and the need for tax authorities to ensure fair assessments in cases of disallowances.