{"id":44565,"date":"2024-07-25T15:36:34","date_gmt":"2024-07-25T10:06:34","guid":{"rendered":"https:\/\/itatonline.org\/digest\/optum-global-solutions-india-p-ltd-v-dy-cit-2023-203-itd-14-hydtrib\/"},"modified":"2024-07-25T15:36:34","modified_gmt":"2024-07-25T10:06:34","slug":"optum-global-solutions-india-p-ltd-v-dy-cit-2023-203-itd-14-hydtrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/optum-global-solutions-india-p-ltd-v-dy-cit-2023-203-itd-14-hydtrib\/","title":{"rendered":"Optum Global Solutions (India) (P.) Ltd. v. Dy. CIT (2023) 203 ITD 14 (Hyd)(Trib.)"},"content":{"rendered":"<p>Assessee donated\/contributed a certain sum towards CSR which was debited to profit and loss account to institutions\/organizations registered under section 80G and accordingly, it claimed deduction.\u00a0 Assessing Officer disallowed deduction under section 80G stating that CSR expenditure incurred under section 135 of Companies Act was categorically disallowed under section 37(1) and, therefore, on similar logic deduction under section 80G could not be allowed. On appeal the Tribunal held that\u00a0\u00a0 since assessee satisfied conditions of section 80G, assessee is\u00a0 entitled to claim deduction under section 80G in respect of such donations which formed part of spend towards CSR. (AY. 2017-18 , 2018-19)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 80G :  Donation-Donations which formed part of spend towards CSR-Allowable as deduction. [S.37(1)]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-44565","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-bAN","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/44565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=44565"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/44565\/revisions"}],"predecessor-version":[{"id":44566,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/44565\/revisions\/44566"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=44565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=44565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=44565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}