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Case Law Details

Case Name : Hindustan Coca Cola Beverages Private Ltd. Vs ACIT (ITAT Delhi)
Related Assessment Year : 2014-15
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Hindustan Coca Cola Beverages Private Ltd. Vs ACIT (ITAT Delhi)

ITAT Delhi held that the expenditure incurred on CSR activities may not have direct nexus with the activities of the assessee but it may have indirect and may bring goodwill to the assessee. Thus, CSR expenditure incurred in order to bring goodwill to the assessee is allowable.

Facts- AO while making the disallowance on account of CSR for A.Y 2014-15 relied upon Explanation 2 to section 37 of the Act to disallow expenditure incurred on account of CSR. Against this order, assessee preferred an ap

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