Case Law Details
Case Name : J K Investo Trade (India) Limited Vs DCIT (ITAT Mumbai)
Related Assessment Year : 2018-19
Courts :
All ITAT ITAT Mumbai
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J K Investo Trade (India) Limited Vs DCIT (ITAT Mumbai)
ITAT Mumbai held that deduction u/s 80G of the Income Tax Act duly available irrelevant of the fact that corpus contribution to the donee relates to the CSR activities.
Facts- The assessee company is engaged in the business of manufacturing and wholesale and retail trade and had been deriving income from business and profession. The assessee’s case was selected for complete scrutiny and the assessment order was passed by AO u/s. 143(3) of the
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