Tribunal held that Explanation 2 to the business-expenditure...
Deductibility for charitable donations affirmed where payments to approved relief funds, even if CSR-driven, qualify under the donation deduction scheme.
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Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Tribunal held that Explanation 2 to the business-expenditure exclusion does not by itself preclude claiming deductions under the specific charitable-donation deduction provision; donations to approved relief funds made in discharge of Corporate Social Responsibility obligations are not expressly excluded and therefore remain deductible under the statutory donation deduction scheme. Applying strict construction of taxing statutes and relying on precedent, the Tribunal allowed the deduction for donations to Prime Minister and State Chief Minister relief funds. The Tribunal remitted the separate computation discrepancy under the intimation to the assessing officer for verification.
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