https://www.taxtmi.com/caselaws?id=404929 ITAT DELHI - AT allowed the assessee's appeals. The Tribunal held CSR and SD expenses incurred under government directives were business expenditures deductible under s.37 and ordered deletion of the AO's disallowance. On interest on mobilization advance, the Tribunal found no crystallized right to specific recovery and upheld that no firm income arose, aligning with prior HC/tribunal findings. For s.14A disallowance, the Tribunal noted the AO failed to record mandatory satisfaction before applying Rule 8D and directed deletion of the disallowance. Overall, additions by the AO were deleted and the assessee's appeals were allowed. en-us Tue, 02 Mar 2021 00:00:00 +0530 Fri, 22 Aug 2025 21:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404929 ITAT DELHI - AT allowed the assessee's appeals. The Tribunal held CSR and SD expenses incurred under government directives were business expenditures deductible under s.37 and ordered deletion of the AO's disallowance. On interest on mobilization advance, the Tribunal found no crystallized right to specific recovery and upheld that no firm income arose, aligning with prior HC/tribunal findings. For s.14A disallowance, the Tribunal noted the AO failed to record mandatory satisfaction before applying Rule 8D and directed deletion of the disallowance. Overall, additions by the AO were deleted and the assessee's appeals were allowed. Case-Laws Income Tax Tue, 02 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404929