PCIT’s Order Against NTT Global Networks; Allows ₹92.32 Lakh Deduction for CSR Donations Under Section 80G

NTT Global Networks Private Limited Vs PCIT (ITAT Mumbai) Conclusion: Revisionary order of PCIT under section 263 which had denied deductions claimed towards Corporate Social Responsibility (CSR) donations under Section 80G was not justifies as AO had inquired into the issue by verifying the relevant documentary evidence and had taken a plausible view that assessee was entitled to claim deduction for all donations made up to 30.06.2020 for FY 2019-20. Held: Assessee-company was engaged in providing remote IT infrastructure management services to its parent company had filed its return of incom...