In the result, the appeal of the assessee is allowed in ITA no
Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member)
price of the equipment purchased directly by the done institution. The first scenario will not qualify for deduction as what has been donated is property in kind, however the second scenario will quality for deduction as what has been spent and transferred is sum of money and not property in kind. In our view, the facts of the present scenario