Specified amount towards CSR activities Read more at: https://www.caclubindia.com/experts/ask_query

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This discussion clarifies whether a company can claim Input Tax Credit (ITC) on specified amounts remitted for Corporate Social Responsibility (CSR) activities. The consensus and latest provisions indicate that ITC cannot be claimed for expenses related to CSR activities.

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(Querist)
06 October 2023 Dear Experts,
1 As company is remitting the specified amount towards CSR activities during this Oct Month.
2 Whether the company can avail the ITC on this type of transactions,
3 Pl clarify.
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Gokul Sharma

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Gokul Sharma (Expert)
06 October 2023 NO ITC CAN BE TAKEN.....IN CSR RELATED ACTIVIES....
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RAJA P M

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RAJA P M (Expert)
07 October 2023 No ITC will be taken for CSR activities as per latest provisions...
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