https://www.taxtmi.com/caselaws?id=466514 Treatment of year end provisions: only the portion required to be reversed (Rs.1,51,73,759) was taxable in the year; the remainder need not be taxed, and the appeal ground is allowed for statistical purposes. Deductibility of CSR expenditure: CSR payments qualify for deduction under the charitable donation regime and cannot be denied on that basis. Application of exemption related disallowance: where no exempt income arose, the disallowance computed under the rule for expenditures related to exempt income is not permissible; the 2022 amendment is prospective and does not alter this result. Amortised membership fees: amortisation of revenue expenditure is not authorised, so the disallowance is restored. en-us Tue, 08 Jul 2025 00:00:00 +0530 Mon, 09 Feb 2026 13:19:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466514 Treatment of year end provisions: only the portion required to be reversed (Rs.1,51,73,759) was taxable in the year; the remainder need not be taxed, and the appeal ground is allowed for statistical purposes. Deductibility of CSR expenditure: CSR payments qualify for deduction under the charitable donation regime and cannot be denied on that basis. Application of exemption related disallowance: where no exempt income arose, the disallowance computed under the rule for expenditures related to exempt income is not permissible; the 2022 amendment is prospective and does not alter this result. Amortised membership fees: amortisation of revenue expenditure is not authorised, so the disallowance is restored. Case-Laws Income Tax Tue, 08 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466514