CSR activity and Sec 80G certification only

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391 Points Joined June 2021

We would like to buy foods and give it to NGO having Sec 80G(5) registration for distribution among the poor people.

Not Sec 12(A) 

Could we do it for CSR purpose?

Kindly advise

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On 10 September 2024 at 10:01 Report
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Master in Accounts & high court Advocate
9123 Points Joined December 2011

Yes, you can buy food and donate it to an NGO with Section 80G(5) registration for distribution among the poor, and claim it as a CSR (Corporate Social Responsibility) expense. Here's why: 1. *Eligible donation*: Donating food to an NGO with Section 80G(5) registration qualifies as an eligible donation under the Companies Act, 2013. 2. *CSR activity*: Providing food to the poor through an NGO aligns with Schedule VII of the Companies Act, 2013, which lists "eradication of hunger and malnutrition" as a permissible CSR activity. 3. *Section 80G(5)*: This section allows for donations to NGOs engaged in charitable activities, including poverty alleviation and food distribution. 4. *No requirement for Section 12A*: While Section 12A registration is essential for NGOs to claim tax exemptions, it's not necessary for donors like you to claim CSR benefits. 5. *CSR reporting*: Ensure the NGO provides you with a receipt and a report on how your donation was utilized, as you'll need this for your CSR reporting. Please consult your accountant or CSR advisor to ensure compliance with the necessary regulations and reporting requirements. Great job on contributing to social welfare!

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On 11 September 2024 at 22:31


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