The Mumbai ITAT ruled that corporate social responsibility (CSR) donations qualify for deduction under Section 80G provided all statutory conditions are met. It further clarified that disallowance under Section 37 does not preclude Section 80G relief.
No Fresh Share Premium, No Section 68 Addition: ITAT Mumbai
The Mumbai ITAT ruled that corporate social responsibility (CSR) donations qualify for deduction under Section 80G provided all statutory conditions are met. It further clarified that disallowance under Section 37 does not preclude Section 80G relief.
Citations
- Income Tax Appellate Tribunal, Mumbai (2026)
Source:taxguru.in