Payments to Church, Police Station, Summits, Schools, etc are not CSR Expense: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), New Delhi Bench held that the payments to church, police station, summits, schools, etc are not Corporate Social Responsibility (CSR) expenses. The assessee, Vedanta Ltd. receives Strategic Planning and Consultancy Services from Vedanta Resources Plc (VRPL) under a Management Consultancy Agreement. The relevant clauses of that agreement show that […]

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