Case Law Details
Toyota Boshoku Automotive India Private Limited Vs DCIT (ITAT Bangalore)
M/S. Toyota Boshoku Automotive India Pvt. Ltd. (Appellant) filed an appeal against the Order dated March 19, 2018 by the Commissioner of Income Tax (Appeals) (CIT (A)) relating to the Assessment Year (AY) 2012-2013.
The Appellant, during AY 2012-2013, paid a huge amount towards provision of toilet facilities in Government Schools where the children of employees of the Appellant were studying. While filing the returns for that year, the Appellant claimed the same amount as Corporate Social Responsibility (CSR) expenses and submitted that by incurring the expenses, its productivity improves and the loyalty of its employees are also ensured.
The Assessing Officer (AO) took the view that the expenditure had no nexus with the business of the Appellant and the AO accordingly disallowed the claim of the Appellant for deduction.
In the case, the Appellant contended that the expenditure was incurred for the purpose of business and should be allowed as a deduction.
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