CSR Donation Eligible for Section 80G Deduction: ITAT Mumbai

ACG Pam Pharma Technologies Private Limited Vs PCIT (ITAT Mumbai) Income Tax Appellate Tribunal (ITAT), Mumbai Bench, in a recent ruling, has quashed an order passed by the Principal Commissioner of Income Tax (PCIT) under Section 263 of the Income Tax Act, 1961, against ACG Pam Pharma Technologies Private Limited. The PCIT’s order had sought to deny a deduction claimed by the assessee under Section 80G of the Act for donations categorized as Corporate Social Responsibility (CSR) expenses. The ITAT’s decision, pronounced on July 1, 2025, effectively restores the original assessment...