https://www.taxtmi.com/caselaws?id=796480 CSR payments to institutions meeting the prescribed conditions remain eligible for deduction under section 80G because, although Explanation 2 to section 37(1) excludes CSR expenditure as business expenditure, section 80G contains no corresponding exclusion for qualifying CSR donations. Separately, for a continuing block of building assets, written down value must be reduced by actual sale consideration as the moneys payable under section 43(6)(c). The stamp-duty valuation fiction under section 50C is confined to capital-gains computation and cannot be extended to depreciation or written-down-value computation without express legislative provision. en-us Mon, 05 Jan 2026 00:00:00 +0530 Thu, 06 Aug 2026 09:11:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796480 CSR payments to institutions meeting the prescribed conditions remain eligible for deduction under section 80G because, although Explanation 2 to section 37(1) excludes CSR expenditure as business expenditure, section 80G contains no corresponding exclusion for qualifying CSR donations. Separately, for a continuing block of building assets, written down value must be reduced by actual sale consideration as the moneys payable under section 43(6)(c). The stamp-duty valuation fiction under section 50C is confined to capital-gains computation and cannot be extended to depreciation or written-down-value computation without express legislative provision. Case-Laws Income Tax Mon, 05 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796480