Donations to Society
This query is : Resolved
29 May 2010
Hi members,
My name is satyanarayana.P i have a small query regarding donations.
can a private Limited Company give donations to a Society registered under section 80G of the Income tax act? and is there any limitation on this?
Please guide me
Thanks & Regards
Satyanarayana.P
pinnaka.financial@gmail.com
9912336099
My name is satyanarayana.P i have a small query regarding donations.
can a private Limited Company give donations to a Society registered under section 80G of the Income tax act? and is there any limitation on this?
Please guide me
Thanks & Regards
Satyanarayana.P
pinnaka.financial@gmail.com
9912336099
29 May 2010
Yes private company can give donations however they should be properly authorised by the board
30 May 2010
Thank you sir
But
is there any restrictions for providing the donations to society (like it will not exceeds some percentage of profit or share capital)
But
is there any restrictions for providing the donations to society (like it will not exceeds some percentage of profit or share capital)
30 May 2010
yes Co. can do so.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst registered proprietorship firm
- Price inclusive or exclusive of GST while made entry in P& L Account
- TDS Challan - change of FY 2025-26 to TY 2026-27
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Minimum tax payable to file Updated return
- Salary from Qatar in Dollars in India
- GST ISSUE OF INPUT AND OUTPUT GST
- Tax rate change regarding
- Change Of Karta In Case of Death
- TDS on purchase of under construction property from a reseller
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
