What tax benefits can be availed under CSR
Menu
CSR
Replies (4)
You can avail CSR benefits by claiming deduction
u/s 80G at 100% deduction of amount made or 50% deduction of certain conditions
u/s 80G at 100% deduction of amount made or 50% deduction of certain conditions
No specific tax exemptions have been extended to CSR expenditure per se. The Finance Act, 2014 also clarifies that expenditure on CSR does not form part of business expenditure
Yes agree with Pravin.. actually 80G is not form a part of CSR according to Bangalore bench of income tax tribunal
No benefit is available at such against CSR expenditure. Further CSR expenditure is not allowable under the Income Tax Act,
Recent Threads
- Computerization of Form 121 (Earlier 15G/H)
- New Traces 2.0 issues
- Form 157 declaration while travelling abroad
- TDS DECLARATION
- Why should I study Income Tax Act, 1961 for my CA
- FORM 121 FILLING FOR DECEASED PERSON
- Pvt Ltd company director salary tds rate and sec.
- What are the best tools for mobile accessibility t
- APPLIED NEW TAN NO BUT SUB CATEGORY GOES WORNG AS
- In gst Returns dashboard not properly working
Related Threads
CAclubindia
