Minimum alternate tax exclusions for pre-amendment banking companies and expatriate Indian branch salaries remain outside head office expenditure limi...
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Revision u/s 263 - CSR expenses - admissibility as the deduction u/s 37(1) - The High Court concurred with the findings of the ITAT that the assessing officer had adequately inquired into the CSR expenses. It affirmed that the expenses were legitimately claimed by the respondent and were not erroneous. The Court emphasized that no substantial question of law arose in this factual matter, leading to the dismissal of the appeal.
Revision u/s 263 - CSR expenses - admissibility as the deduction u/s 37(1) - The High Court concurred with the findings of the ITAT that the assessing officer had adequately inquired into the CSR expenses. It affirmed that the expenses were legitimately claimed by the respondent and were not erroneous. The Court emphasized that no substantial question of law arose in this factual matter, leading to the dismissal of the appeal.
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