19 April 2015
A company paid own CSR fund to trust/ society for CSR activities.
if the trust/ society hold the certificate of 80G then company claim 80g deduction of CSR fund
kindly explain
19 April 2015
The department may argue all these donations form part of CSR only and hence they will not be allowed. If they allow it defeats the purpose for which CSR disallowance was introudcued in the act. so there will be a legal battle for sure. The best thing is to allow CSR.
CAclubindia
