According to the provision, a donor that fails to substantiate
a charitable contribution of property, as required by the IRS, is denied a charitable deduction.
From a practical perspective, this means that the employer must be vigilant and demand that employees substantiate
their expenses and return amounts in excess of substantiated expenses within a reasonable time.
274 disallows a deduction for travel expenses (including airfare), unless the taxpayer substantiates the expense by adequate records or other sufficient evidence.
1.274-5T(c)(2)(iii) does not require original documents to satisfy its requirement for documentary evidence to substantiate travel expenses.
274(a), and (3) the employee substantiates the expense.
274(m)(3), and (3) the employee substantiates the expense.
Generally, no deduction is allowed for any charitable contribution of $250 or more unless the taxpayer substantiates
the contribution with a contemporaneous written acknowledgment of the contribution from the donee organization.
The Tax Court seemed to indicate that a taxpayer has substantially complied with the substantiation requirements if the information submitted substantiates the donor's claim that (1) the donation of specified property was made during the year, (2) the property was appraised by a qualified appraiser at the amount claimed by the donor as a charitable contribution and (3) the donee was qualified to receive a contribution.
To substantiate the deduction, the taxpayer had the blimps appraised by a qualified appraiser and completed and filed Form 8283, Noncash Charitable Contributions (containing a detailed appraisal summary), with its return.
PAKISTAN has formally conveyed to India the message that the initial information shared by that country regarding the alleged involvement of Pakistan-based elements in the Pulwama attack could not substantiate
the imputation, and offered to examine any fresh proof - whenever it is available.