Relief to Toyota: ITAT allows Income Tax Deduction of CSR Expenses towards provision of Toilet facilities in Govt. Schools [Read Order]

The Income Tax Appellate Tribunal (ITAT), Bangalore bench has granted a major tax relief to Toyota Boshoku Automotive India where the deduction claim raised by the assesseetowards the deduction of CSR expenses paid for provision of toilet facilities in government schools. The company, during the relevant assessment year, paid a sum of Rs.6.10,541/- towards provision […]
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