VASWANI INDUSTRIES LIMITED,RAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX- 4(1), , RAIPUR

In the result, appeal of the assessee is Partly Allowed

Bench: Shri Ravish Sood & Dr. Dipak P. Ripoteआयकर अपील सं. / Ita No.96/Rpr/2020 िनधा"रण वष" / Assessment Year :2012-13 Vaswani Industries Limited, The Asst. Commissioner Bahesar Road, Near Cycle Park, Vs Of Income Tax-4(1), Vill-Sondra Phase-Ii, Industrial Raipur,(C.G.). Area, Siltara, Raipur – 493221. Pan: Aabcv 9564 E Appellant/ Assessee Respondent /Revenue Assessee By Shri R.B.Doshi – Ca Revenue By Shri Piyush Tripathi – Dr Date Of Hearing 27/03/2023 Date Of Pronouncement 05/06/2023 आदेश / Order Per Dr. Dipak P. Ripote, Am: This Appeal Filed By The Assessee Is Directed Against The Order Of Ld.Commissioner Of Income Tax(Appeals), Raipur-2, Dated 28.08.2020 Emanating From Assessment Order Dated 17.03.2015 Under Section 143(3) Of The I.T.Act, 1961 For The A.Y.2012-13. The Assessee Has Raised The Following Grounds Of Appeal: Vaswani Industries Limited [A]

section 14A. Accordingly, ground no.1 of the assessee is allowed. Ground No.2 – CSR, Maintenance Expenditure of Rs.8,75,000/- : 9. The AO has disallowed Rs.8,75,000/- expenditure, which was claimed by the assessee under the head “CSR Social Development Expenditure” of Rs.5,12,000/- and Maintenance Charges Rs.3,63,000/-. It has been mentioned in the assessment order that