https://www.taxtmi.com/caselaws?id=291838 The tribunal reversed the CIT's revisionary order under Section 263, restoring the AO's original assessment order, which allowed CSR expenditure as a deductible business expense for the assessment year 2013-14. It concluded that the AO's decision did not result in an erroneous or prejudicial order to the Revenue's interests, as the CSR expenses were in compliance with government guidelines. en-us Wed, 29 Jan 2020 00:00:00 +0530 Wed, 13 Nov 2024 12:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291838 The tribunal reversed the CIT's revisionary order under Section 263, restoring the AO's original assessment order, which allowed CSR expenditure as a deductible business expense for the assessment year 2013-14. It concluded that the AO's decision did not result in an erroneous or prejudicial order to the Revenue's interests, as the CSR expenses were in compliance with government guidelines. Case-Laws Income Tax Wed, 29 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291838