https://www.taxtmi.com/caselaws?id=462630 ITAT Mumbai held that product registration expenses are revenue expenditure based on identical facts in assessee's previous cases, rejecting AO's disallowance without distinguishable features. The tribunal allowed CSR expenses as deductions under section 80G, ruling that Explanation 2 to section 37(1) only restricts CSR expenses from business expenditure computation, not from other deduction provisions. Parliament's specific restrictions for only Swachh Bharat Kosh and Clean Ganga Fund indicate intent to permit other CSR deductions under section 80G. en-us Tue, 21 Jan 2025 00:00:00 +0530 Thu, 03 Jul 2025 13:01:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=462630 ITAT Mumbai held that product registration expenses are revenue expenditure based on identical facts in assessee's previous cases, rejecting AO's disallowance without distinguishable features. The tribunal allowed CSR expenses as deductions under section 80G, ruling that Explanation 2 to section 37(1) only restricts CSR expenses from business expenditure computation, not from other deduction provisions. Parliament's specific restrictions for only Swachh Bharat Kosh and Clean Ganga Fund indicate intent to permit other CSR deductions under section 80G. Case-Laws Income Tax Tue, 21 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=462630