CSR Donations Allowed Under Section 80G Despite Business Disallowance

Advertisement Dana Anand India Pvt. Ltd. Vs DCIT (ITAT Pune) The appeal before the Income Tax Appellate Tribunal, Pune arose from a final assessment order passed under sections 143(3) read with 144C(13) of the Income-tax Act, 1961 for assessment year 2020–21. The assessee had filed its original and revised returns declaring total income of ₹164.60 crore and ₹167.30 crore respectively. Although the Transfer Pricing Officer proposed no adjustment, the Assessing Officer initially made significant variations, which were later largely deleted by the Dispute Resolution Panel (DRP). The fina...