Held that donation to Red Cross Society and Japan relief Fund is nature of gift cannot be allowed as deduction under section 37(1). (AY. 2011-12 to 2015-16 )
Bangalore Metro Rail Corporation Ltd. v. Dy. CIT(2023) 223 TTJ 665 / 149 taxmann.com 207 (Bang.)(Trib.)
S. 37(1) : Business expenditure-Donation to Red Cross Society and Japan relief Fund-Nature of gift cannot be allowed as deduction under section 37(1). [S. 80G]