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donation under CSR
whether grant given to any charitable organisations working for the objects that are covered under sec 135 of the companies act, 1956 be claimed as donation under section 80 G as well as CSR spent under section 135 both for the same amount.
Replies (2)
no...
Yes,
If the charitable organisation is registered for 80G deduction & you have PAN details of that Charitable Organisation
Since,
Explanation 2 to Section 37(1), disallows CSR expense only if it is claimed as business expense,
Since Sec 80G is not a business expense, it is not covered within the preview of Sec 37,
Hence your donation to entities of 80G us eligible for deduction, irrelevant of fact it is CSR or Not.
If the charitable organisation is registered for 80G deduction & you have PAN details of that Charitable Organisation
Since,
Explanation 2 to Section 37(1), disallows CSR expense only if it is claimed as business expense,
Since Sec 80G is not a business expense, it is not covered within the preview of Sec 37,
Hence your donation to entities of 80G us eligible for deduction, irrelevant of fact it is CSR or Not.
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