Kindly inform whether donation made under PM CARE FUND DURING 2020-21 is part of section 181 of companies act 2013 i.e donation amount cannot exceed 5% of average profit of last three years.
kindly inform whether PM CARE WILL BE PART OF ABOVE OR IT IS EXCLUDED..
Menu
Donation in PM CARE FUND
Replies (5)
Quick Summary
PM CARES Fund shall qualify as CSR expenditure under the Companies Act 2013.
eF. No. CSR-05/1/2020-CSR-MCA
so pm care fund is not donation under section 181 of CA ACT 2013.
eF. No. CSR-05/1/2020-CSR-MCA
so pm care fund is not donation under section 181 of CA ACT 2013.
No it will not be a bona fide charity donation it will be treated as CSR
It doesn't come under section 181 of companies act 2013
Yes ...
Donation to pm care fund will 100% qualify csr as per circular no. CSR-05/1/2020-CSR-MCA dated 28th March, 2020.
Recent Topics :
- 96084000 and 48202000 HSN code ka Tax Rate kya hai
- Clarifications for intra day transactions
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
- 70:30 GST rule for solar EPC: partial scope (struc
- TDS on Redevelopers hardship allowance received no
- Who will take FSSAI AND TRADE LICENSE: owner or te
- E Way Bill in respect of Without Bringing Material
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
Related Topics :
CAclubindia
