Income tax and company law


This query is : Open 

08 April 2015 In case Donation is Made to a Trust by a company as per the provision of corporate social responsibility, will the same be eligible as Donation under section 80G incase the Trust has Valid Certificate of 80G under Income tax Act since the same is not allowable as Business Expenditure.

08 April 2015 yes it wil b allowed in my view... but stil lets wait for some more expert view regarding this

09 April 2015 Thanks you for your reply.


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