https://www.taxtmi.com/caselaws?id=465102 The ITAT set aside the PCIT's order passed u/s 263, holding that the assessment was neither erroneous nor prejudicial to the interest of the Revenue. The assessee had furnished complete details of the donation claimed u/s 80G, including recipient details, banking records and a valid 80G certificate, which the AO duly examined before allowing the deduction, even though the payment formed part of CSR expenditure. Given the existence of divergent judicial views on allowability of 80G deduction for CSR-related donations, the AO's acceptance of the claim was a possible and legally tenable view. Consequently, invocation of revisionary jurisdiction u/s 263 was held unjustified and the assessee's appeal was allowed. en-us Tue, 17 Jun 2025 00:00:00 +0530 Fri, 05 Dec 2025 19:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465102 The ITAT set aside the PCIT's order passed u/s 263, holding that the assessment was neither erroneous nor prejudicial to the interest of the Revenue. The assessee had furnished complete details of the donation claimed u/s 80G, including recipient details, banking records and a valid 80G certificate, which the AO duly examined before allowing the deduction, even though the payment formed part of CSR expenditure. Given the existence of divergent judicial views on allowability of 80G deduction for CSR-related donations, the AO's acceptance of the claim was a possible and legally tenable view. Consequently, invocation of revisionary jurisdiction u/s 263 was held unjustified and the assessee's appeal was allowed. Case-Laws Income Tax Tue, 17 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465102