https://www.taxtmi.com/caselaws?id=776162 The ITAT Hyderabad held that CSR expenditure is not allowable as a business expense under section 37(1) of the Act. However, if the assessee does not claim any deduction for CSR spending under sections 30 to 36 and disallows the CSR expenditure suo moto by adding it back to the P&L account before computing business income under sections 28 to 44DB, then deductions under section 80G for donations should not be denied. The AO was directed to verify this factual position, and if confirmed, the disallowance of section 80G deductions was to be deleted. The appeal was allowed on these terms. en-us Thu, 02 Jan 2025 00:00:00 +0530 Wed, 06 Aug 2025 08:19:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776162 The ITAT Hyderabad held that CSR expenditure is not allowable as a business expense under section 37(1) of the Act. However, if the assessee does not claim any deduction for CSR spending under sections 30 to 36 and disallows the CSR expenditure suo moto by adding it back to the P&L account before computing business income under sections 28 to 44DB, then deductions under section 80G for donations should not be denied. The AO was directed to verify this factual position, and if confirmed, the disallowance of section 80G deductions was to be deleted. The appeal was allowed on these terms. Case-Laws Income Tax Thu, 02 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776162