Disallowance of CSR expense by treating it as capital is unjustified

Security Printing & Minting Corporation of India Ltd. Vs Addl. CIT (ITAT Delhi) Held that impugned expenditure cannot be held to be capital and it is not in the nature of personal expenditure or for any violation of law. Disallowance of CSR expenditure unjustified. Facts- The assessee alleged disallowance of CSR expenses of Rs. 3,96,00,919/-. Further, assessee also alleged denial of deduction u/s. 80G of Rs. 2.50 crore to CM relief fund out of aggregate CSR expenses. Conclusion- An identical issue has been considered by the Tribunal in its order in ITA Nos. 3685 & 3686/Del/2017 dated...