Disallowance of expenses incurred on corporate social ...

CSR Expenses for Company Branding Recognized as Allowable Revenue Expenditures for Tax Purposes.

September 2, 2020

Case Laws Income Tax AT

Disallowance of expenses incurred on corporate social responsibility (“CSR”) - expenditure incurred towards display of name/logo of the assessee on various items is undoubtedly for the promotion of the business of the assessee as it promotes goodwill. Hence, the expenditure is to be allowed as revenue expenditure. - AT

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Disallowance of expenses incurred on corporate social ...

CSR Expenses for Company Branding Recognized as Allowable Revenue Expenditures for Tax Purposes.

September 2, 2020

Case Laws Income Tax AT

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