https://www.taxtmi.com/caselaws?id=345257 The court allowed the application for delay in re-filing the appeal and condoned the delay. The Revenue's appeal against the ITAT's decision to quash the CIT's order under Section 263 of the Act for the AY 2007-08 was dismissed. The court held that the Assessee's CSR expenses were justified for business purposes, and the AO's order was not erroneous. The ITAT's decision to set aside the CIT's order under Section 263 was upheld, and the appeal was dismissed. This judgment clarifies the legal position on the allowability of CSR expenses and the requirements for invoking Section 263 of the Act. en-us Mon, 03 Jul 2017 00:00:00 +0530 Wed, 12 Jul 2017 07:08:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345257 The court allowed the application for delay in re-filing the appeal and condoned the delay. The Revenue's appeal against the ITAT's decision to quash the CIT's order under Section 263 of the Act for the AY 2007-08 was dismissed. The court held that the Assessee's CSR expenses were justified for business purposes, and the AO's order was not erroneous. The ITAT's decision to set aside the CIT's order under Section 263 was upheld, and the appeal was dismissed. This judgment clarifies the legal position on the allowability of CSR expenses and the requirements for invoking Section 263 of the Act. Case-Laws Income Tax Mon, 03 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345257