CSR Expenditure’s Mandatory Nature Doesn’t Justify Section 80G Disallowance

Interglobe Technology Quotient Private Limited Vs ACIT (ITAT Delhi) he case of Interglobe Technology Quotient Private Limited versus ACIT, adjudicated by the Income Tax Appellate Tribunal (ITAT) in Delhi, delves into significant issues concerning CSR expenditure disallowance and the allowance of TDS credit. 1. Treatment of CSR Expenditure under Section 80G: The taxpayer argued that CSR (Corporate Social Responsibility) expenditure should not be disallowed under Section 80G of the Income Tax Act, 1961, merely because it is mandatory. The taxpayer contended that CSR expenditure is akin to charit...