Deduction u/s. 80G eligible even if donations are part of CSR expenditure: ITAT Mumbai

ACIT Vs Sikka Ports and Terminals Ltd. (ITAT Mumbai)

ITAT Mumbai held that deduction under section 80G of the Income Tax Act eligible towards donations, even if donations are part of Corporate Social Responsibility [CSR] expenditure. Thus, appeal of revenue dismissed.

Facts- Revenue has preferred the present appeal. The common issue contended by the Revenue in these appeals pertain to CIT(A) allowing the claim of the assessee under section 80G of the Income Tax Act, 1961 (the Act) towards the CSR spending and deleting the disallowance made under section 14A

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