https://www.taxtmi.com/caselaws?id=774305 The ITAT Mumbai allowed the assessee's appeal against the CIT's revision u/s 263. The CIT had held that s.80G deduction was erroneously allowed on CSR expenditure, claiming such donations were not voluntary and the assessment order was erroneous and prejudicial to revenue. The ITAT ruled that CBDT Circular only restricts CSR deduction under s.37(1) but permits deductions under other sections. MCA's FAQ No. 6 confirmed CSR donations are eligible for s.80G deduction. Following precedent in Sharda Cropchem Limited, the ITAT held CSR expenditure qualifies for s.80G deduction and s.263 cannot be invoked for denying such deductions. en-us Tue, 01 Jul 2025 00:00:00 +0530 Sat, 25 Apr 2026 10:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774305 The ITAT Mumbai allowed the assessee's appeal against the CIT's revision u/s 263. The CIT had held that s.80G deduction was erroneously allowed on CSR expenditure, claiming such donations were not voluntary and the assessment order was erroneous and prejudicial to revenue. The ITAT ruled that CBDT Circular only restricts CSR deduction under s.37(1) but permits deductions under other sections. MCA's FAQ No. 6 confirmed CSR donations are eligible for s.80G deduction. Following precedent in Sharda Cropchem Limited, the ITAT held CSR expenditure qualifies for s.80G deduction and s.263 cannot be invoked for denying such deductions. Case-Laws Income Tax Tue, 01 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774305