CSR Expenses Not Disallowed: Explanation 2 to Section 37(1) Lacks Retrospective Effect Under Income Tax Act.

CSR Expenses Not Disallowed: Explanation 2 to Section 37(1) Lacks Retrospective Effect Under Income Tax Act. https://www.taxtmi.com/highlights?id=44716 Disallowance of claim of CSR expenditure - the amendment is not with retrospective effect - CSR expenditure cannot be disallowed by invoking the explanation 2 to section 37(1) of the Act. en-us Mon, 25 Feb 2019 05:22:05 +0530 Mon, 25 Feb 2019 05:22:05 +0530 TaxTMI RSS Generator CSR Expenses Not Disallowed: Explanation 2 to Section 37(1) Lacks Retrospective Effect Under Income Tax Act. https://www.taxtmi.com/highlights?id=44716 Disallowance of claim of CSR expenditure - the amendment is not with retrospective effect - CSR expenditure cannot be disallowed by invoking the explanation 2 to section 37(1) of the Act. Highlights Income Tax Mon, 25 Feb 2019 05:22:05 +0530 https://www.taxtmi.com/highlights?id=44716