Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Informative
ITAT allows S.80G Deduction for donation out of CSR funds to PM National Relief Fund
Corporate ComplianceIncome Tax
The ITAT has allowed a Section 80G deduction for a donation out of CSR funds to the PM National Relief Fund. This decision clarifies the tax treatment of CSR donations. It ensures that businesses are not unfairly penalized for charitable contributions. This ruling underscores the need for clear guidelines on CSR deductions. It emphasizes the importance of fair assessments. The ITAT's order protects the rights of taxpayers.
