Deduction claimed u/s. 80G towards CSR expenditure is allowed

Aditya Birla Sun Life AMC Ltd. Vs ACIT (ITAT Mumbai) ITAT Mumbai held that the claim for deduction under section 80G of the Act in respect of Corporate Social Responsibility [CSR] expenditure cannot be denied. Accordingly, deduction claimed is allowed and appeal of revenue dismissed. Facts- During the assessment proceedings, upon perusal of the computation of income of the assessee, it was observed that the assessee had claimed a deduction of ₹ 65,03,040/- on account of expenses disallowed u/s. 40(a) in the previous year. AO, vide order dated 27.09.2022 passed u/s. 143(3) read with section 1...