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Income Tax - Highlights / Catch Notes

Home Highlights February 2021 Year 2021 This

Disallowance expenditure debited under the head “Can-viroment ...


CSR Expenditure Allowed as Amendment Effective from AY 2015-16 Doesn't Apply to Current Year Assessment.

February 15, 2021

Case Laws     Income Tax     AT

Disallowance expenditure debited under the head “Can-viroment Expenses A/c” as “Corporate Social responsibilities” expenditure - amendment being effective from assessment year 2015-16, is not applicable in the instant assessment year. - Claim allowed - AT

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