Donation

“RESOLVED THAT pursuant to the provisions of Section ______ of the Companies Act, 2013 and other applicable provisions, if any, of the Companies act 2013, (including any statutory modification or re-enactment thereof for the time being in force) and subject to the Articles of Association of the Company, the approval of the Board be and is hereby given to the company to contribute a sum of Rs.___________(Amount in words) as donation to (Name of the Charitable institution) which is a charitable institution within the meaning of Income-Tax Act, 1956.”  

“RESOLVED FURTHER THAT (Name of the authorized person(s) )be and are hereby authorized jointly / individually on behalf of the Company to make the political contribution on behalf of the Company and to do all acts, deeds and things that may be necessary, proper, expedient or incidental for the purpose of giving effect to the aforesaid Resolution.”    

Donation 80G Available or not ? | What should corporates do ? | What should individuals do ? Can i take Donation if I take benefit of Section 115BAA, | Can 80G and Section 115BAB go together | Can you take 80G / Section 115BAC together ? |

See this video

https://youtu.be/uC1MgF9Dibo

Discussion status of law as on date 10th September 2021 All is pertaining to Indian Context Donations were sold as a tax saving concept Big Question Donation 80G …. Will I get ? Donation 80G for Companies… for Individuals First : DOMESTIC Companies…. Stage 1 : Finance Act 2019.. last week of September 2019 Stage 2 : Finance Act 2020… further changes Finance Act 2020 --- See the difference ... as explained in this video