https://www.taxtmi.com/caselaws?id=423840 The Tribunal allowed the appellant's claim for Corporate Social Responsibility (CSR) expenses as a deduction under section 37(1) of the Act, ruling that the expenses were allowable before the relevant amendment. Additionally, the Tribunal directed the Assessing Officer to reexamine the disallowance made under section 14A read with Rule 8D, emphasizing the need for consistency and fairness in the assessment process. Ultimately, the appeal was allowed for statistical purposes, granting the assessee an opportunity to present their case effectively. en-us Mon, 28 Feb 2022 00:00:00 +0530 Thu, 16 Jun 2022 09:14:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423840 The Tribunal allowed the appellant's claim for Corporate Social Responsibility (CSR) expenses as a deduction under section 37(1) of the Act, ruling that the expenses were allowable before the relevant amendment. Additionally, the Tribunal directed the Assessing Officer to reexamine the disallowance made under section 14A read with Rule 8D, emphasizing the need for consistency and fairness in the assessment process. Ultimately, the appeal was allowed for statistical purposes, granting the assessee an opportunity to present their case effectively. Case-Laws Income Tax Mon, 28 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423840