https://www.taxtmi.com/caselaws?id=759275 The Jharkhand HC quashed the ITAT order regarding CSR expenses claimed under Section 37(1) for FY 2012-13. The assessee-company failed to prove that expenses for building classrooms, toilets, LED lights installation, and tree planting were incidental to its engineering/architectural consultancy business. The HC held that ITAT incorrectly applied Section 135 of Companies Act 2013 (CSR provisions) without considering its applicability to FY 2012-13, which ended March 31, 2013. The matter was remitted to ITAT for fresh adjudication after proper hearing. en-us Thu, 08 Aug 2024 00:00:00 +0530 Fri, 27 Sep 2024 08:18:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759275 The Jharkhand HC quashed the ITAT order regarding CSR expenses claimed under Section 37(1) for FY 2012-13. The assessee-company failed to prove that expenses for building classrooms, toilets, LED lights installation, and tree planting were incidental to its engineering/architectural consultancy business. The HC held that ITAT incorrectly applied Section 135 of Companies Act 2013 (CSR provisions) without considering its applicability to FY 2012-13, which ended March 31, 2013. The matter was remitted to ITAT for fresh adjudication after proper hearing. Case-Laws Income Tax Thu, 08 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759275