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Naik Seafoods Ltd v .PCIT (2022 ) BCAJ – February -P. 38 ( Mum)( Trib)

S. 263 : Commissioner – Revision of orders prejudicial to revenue –
Donation – CSR expenses – Donation to trust – Restriction under Explanation 2 section 37 does not apply – Revision is not valid .[ S. 37(1),80G ]

Held that  the AO has allowed the claim under section 80G of the Act , in respect of  donation to trust . Tribunal held that restriction of CSR expenses  under Explanation 2 section  37 does not apply in respect to donation Trust , revision is not valid . ( TS -1157 -ITAT-2021 ( Mum) (AY. 2016 -17  (  Dt. .26 -11-2021 )