https://www.taxtmi.com/caselaws?id=456269 ITAT Bangalore allowed the assessee's appeal, reversing multiple disallowances made by revenue authorities. The tribunal held that books of accounts rejection was unjustified as no discrepancies were identified. Payments to Google Ireland for online advertisement were not taxable as royalty or fees for technical services (FTS), following precedent decisions. The assessee was not considered a dependent agent permanent establishment of Google Ireland, negating business profits attribution to India. Section 40(a)(i) disallowances were deleted. Additionally, CSR donations were held eligible for section 80G deduction as revenue failed to prove donations were involuntary. en-us Mon, 31 Jul 2023 00:00:00 +0530 Thu, 11 Jul 2024 21:59:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456269 ITAT Bangalore allowed the assessee's appeal, reversing multiple disallowances made by revenue authorities. The tribunal held that books of accounts rejection was unjustified as no discrepancies were identified. Payments to Google Ireland for online advertisement were not taxable as royalty or fees for technical services (FTS), following precedent decisions. The assessee was not considered a dependent agent permanent establishment of Google Ireland, negating business profits attribution to India. Section 40(a)(i) disallowances were deleted. Additionally, CSR donations were held eligible for section 80G deduction as revenue failed to prove donations were involuntary. Case-Laws Income Tax Mon, 31 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456269