CSR Donations Allowed Under Section 80G Despite Business Disallowance

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 final assessed income...