https://www.taxtmi.com/highlights?id=83648 The ITAT allowed the deduction claimed u/s 80G for Corporate Social Responsibility (CSR) expenditure. The solitary reason for denying the deduction by the lower authorities was that it was a statutory obligation under the Companies Law and not a voluntary contribution. However, the Tribunal held that the assessee had fulfilled all the conditions for claiming deduction u/s 80G, and the donations were verified by the tax auditor. The Tribunal directed the Assessing Officer to grant the deduction claimed u/s 80G. en-us Wed, 04 Dec 2024 08:44:22 +0530 Wed, 04 Dec 2024 08:44:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=83648 The ITAT allowed the deduction claimed u/s 80G for Corporate Social Responsibility (CSR) expenditure. The solitary reason for denying the deduction by the lower authorities was that it was a statutory obligation under the Companies Law and not a voluntary contribution. However, the Tribunal held that the assessee had fulfilled all the conditions for claiming deduction u/s 80G, and the donations were verified by the tax auditor. The Tribunal directed the Assessing Officer to grant the deduction claimed u/s 80G. Highlights Income Tax Wed, 04 Dec 2024 08:44:22 +0530 https://www.taxtmi.com/highlights?id=83648