TMI Blog2022 (1) TMI 1349X X X X Extracts X X X X X X X X Extracts X X X X ..... w involved in this appeal have already been answered in favour of the assessee by Supreme Court in 'SRI.VENKATA SATYANARAYANA RICE MILL CONTRACTORS CO. VS. COMMISSIONER OF INCOME TAX' [ 1996 (10) TMI 2 - SUPREME COURT] mere fact that making of a donation for charitable or public cause or in public interest results in the government giving patronage or benefit can be no ground to deny the a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... following substantial questions of law: (i) Whether on the facts and circumstances of the case and in law, the Tribunal is justified in treating the donation given to Bellary DC for construction of ring road is an allowable expenditure under Section 37 of the Act? (ii) Whether on the facts and circumstances of the case and in law, the Tribunal is right in law in allowing the expenditure unde ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... learned counsel for the parties at length. The substantial questions of law involved in this appeal have already been answered in favour of the assessee by Supreme Court in 'SRI.VENKATA SATYANARAYANA RICE MILL CONTRACTORS CO. VS. COMMISSIONER OF INCOME TAX', 137 ITR 267. Para 10 of the judgment reads as under: From the aforesaid discussion it follows that any contribution made by an a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t making of a donation for charitable or public cause or in public interest results in the government giving patronage or benefit can be no ground to deny the assessee a deduction of that amount u/s 37(1) of the Act when such payment had been made for the purpose of assessee's business. The aforesaid decision of the Supreme Court was followed by this court vide judgment dated 17.03.2021 pa ..... X X X X Extracts X X X X X X X X Extracts X X X X
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