Limitation period commencement and procedural inquiry rules: identity-based limitation upheld; complaints by authorised public servants need not attra...
Pre-trial bail granted where custodial period, documentary prosecution, and magistrate-triable offence favor release subject to surety and no witness ...
Allowability of Salary Exemptions: Form 16 entries can substantiate HRA and other salary exemptions, and home loan interest is deductible for a self-o...
CSR donations were held eligible for deduction where the claim was made under Chapter VI-A and not under business income provisions. The Tribunal found that the restriction in Explanation 2 to section 37(1) cannot be imported to deny a deduction otherwise admissible, and that only the express exclusions in section 80G(2) for donations to Swachh Bharat Kosh and Clean Ganga Fund made pursuant to CSR apply. Because the donation was not to either fund, the deduction was allowed. It also deleted the section 14A read with Rule 8D disallowance since no exempt income was earned, and treated the Finance Act, 2022 amendment to section 14A as prospective.
CSR donations were held eligible for deduction where the claim was made under Chapter VI-A and not under business income provisions. The Tribunal found that the restriction in Explanation 2 to section 37(1) cannot be imported to deny a deduction otherwise admissible, and that only the express exclusions in section 80G(2) for donations to Swachh Bharat Kosh and Clean Ganga Fund made pursuant to CSR apply. Because the donation was not to either fund, the deduction was allowed. It also deleted the section 14A read with Rule 8D disallowance since no exempt income was earned, and treated the Finance Act, 2022 amendment to section 14A as prospective.
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