https://www.taxtmi.com/caselaws?id=402174 The Tribunal partially allowed the appeal, directing the AO to delete the disallowance of the Rs. 5 crore contribution to BATF, as it had a business nexus and was allowable under Section 37(1) of the Income Tax Act. Regarding the disallowance of the Rs. 15 lakh provision for audit fees, the Tribunal remanded the issue to the AO for verification of whether the recipient had fulfilled tax obligations, providing the assessee an opportunity to substantiate the claim. The decision highlighted the importance of supporting claims with sufficient evidence and adhering to statutory requirements. en-us Wed, 25 Nov 2020 00:00:00 +0530 Fri, 25 Dec 2020 16:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402174 The Tribunal partially allowed the appeal, directing the AO to delete the disallowance of the Rs. 5 crore contribution to BATF, as it had a business nexus and was allowable under Section 37(1) of the Income Tax Act. Regarding the disallowance of the Rs. 15 lakh provision for audit fees, the Tribunal remanded the issue to the AO for verification of whether the recipient had fulfilled tax obligations, providing the assessee an opportunity to substantiate the claim. The decision highlighted the importance of supporting claims with sufficient evidence and adhering to statutory requirements. Case-Laws Income Tax Wed, 25 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402174