PCIT Revision Quashed as Allowing 80G Deduction on CSR is a Plausible View

Fortrea Scientific Private Limited Vs PCIT (ITAT Mumbai)

Allowing 80G Deduction on CSR Not an Error – PCIT Cannot Revise Merely for Alternate View Tribunal Protects Assessee from Revision

Assessee company, engaged in IT-enabled pharmaceutical data management & BPO services, filed appeal against revision order u/s 263 passed by PCIT. In assessment u/s 143(3) dated 29.09.2022, AO had allowed deduction u/s 80G of ₹30.79 lakh being 50% of CSR expenses of ₹61.58 lakh voluntarily disallowed u/s 37(1). Pr.CIT invoked revisionary jurisdiction holding t

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