https://www.taxtmi.com/caselaws?id=782361 ITAT allowed assessee's appeal in substantial part for AY 2012-13. Disallowance of CSR expenses was deleted as AO failed to specify any expenditure beyond CSR scope and, for the relevant year, CSR outlays were allowable, with restriction applying only from AY 2015-16. Addition for donation and charity was also deleted, following precedent for a sister concern and noting the embargo under s.37 applied prospectively from AY 2015-16. Disallowance under s.14A was set aside since investments were made from sufficient interest-free funds. On additional depreciation under s.32(1)(iia), the issue was remanded to AO for fresh adjudication due to lack of factual enquiry and details. en-us Thu, 31 Jul 2025 00:00:00 +0530 Wed, 26 Nov 2025 10:35:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782361 ITAT allowed assessee's appeal in substantial part for AY 2012-13. Disallowance of CSR expenses was deleted as AO failed to specify any expenditure beyond CSR scope and, for the relevant year, CSR outlays were allowable, with restriction applying only from AY 2015-16. Addition for donation and charity was also deleted, following precedent for a sister concern and noting the embargo under s.37 applied prospectively from AY 2015-16. Disallowance under s.14A was set aside since investments were made from sufficient interest-free funds. On additional depreciation under s.32(1)(iia), the issue was remanded to AO for fresh adjudication due to lack of factual enquiry and details. Case-Laws Income Tax Thu, 31 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782361