CSR expense on community & welfare development before A.Y. 2015-16

NTPC Electric Supply Company Ltd. Vs ITO (ITAT Delhi)

The facts in brief are that the assessee-company is a wholly owned subsidiary company of NTPC Ltd., a government undertaking with the objective to make foray in supply and distribution of electricity. It was entrusted with rural electrification work under the scheme of Central Government. The assessee had debited sum of Rs.6,24,035/- on account of community development and welfare expenses.

Ld. Assessing Officer had disallowed the said

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