Inter-charity donation to others from CSR funds
This query is : Resolved
16 May 2024
Dear Learned Experts
Warm Greetings
Can an NGO, that holds 12a and 80g registrations, donate funds from its CSR allocation to another NGO with similar objectives?
Warm Greetings
Can an NGO, that holds 12a and 80g registrations, donate funds from its CSR allocation to another NGO with similar objectives?
16 May 2024
you can do it. However, aft ther amendments done in Finance Act 2023, only the 85% of the such amount donated is considered as application of income.
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
- STCG....................................................
- Supply through E-commerce Operators
- TAN for Partnership
- Sales return eway bill
- Relief u/s Section 89
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- STCG FOR GOLD ETFs
- SALE BILL AGAINST GOODS RETURN
- Loan by Partnership Firm
- LTCG for Assmt year 26-27
- Plot of land. Cost of Acquisition
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
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
