80G Deduction while opting Section 115BAA

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30 Points Posted on 20 January 2021
Can deduction u/s 80G be claimed for A.Y. 2021-22 for CSR funds contributed by company while opting for section 115BAA
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On 20 January 2021 at 13:41 Report
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This discussion clarifies whether companies can claim an 80G deduction for CSR contributions when opting for Section 115BAA for Assessment Year 2021-22. While most Chapter VI-A deductions are unavailable under Section 115BAA, specific exceptions like 80JJA and 80M may still apply. It addresses confusion arising from the 2020 budget amendments.

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215 Points Posted on 20 January 2021
Yes Available...
only those deduction falling under HEADING C OF CHAPTER VI-A are not available.. except deduction u/s 80JJAA
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On 20 January 2021 at 13:56
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profession
30 Points Posted on 20 January 2021
I have been told that by amending the above section 115BAA by 2020 budget w.e.f. AY 2021-22, whole chapter VI-A except 80JJA and 80M is not available for deduction, kindly advise on this.
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On 20 January 2021 at 20:56

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