Whether a Donation by a company to an NGO for construction of a building (a small contribution to a big project) amount to CSR expense? The building is school building for specially abled children being constructed by an NGO. Any specific provisions / conditions / restrictions on payment towards capital spends?
Menu
Whether Donation towards Building construction for specially abled children to NGO comes under CSR?
Replies (1)
For CSR expenses you have to refer section 135 of the Companies Act 2013 , above is CSR or not you have to refer Schedule VII of companies Act 2013 . amended till date.
Recent Threads
- INTRADAY INCOME PRESUMPTIVE INCOME
- Clarification on Deemed Export Status for EOU-to-E
- LTCG Tax on property
- Short term gain in itr2, missing 111A
- Errors in ITR Filing: Minimum One Character Requir
- Which ITR Opt
- Employer Details for NRI
- Section 194C or 194J apply in survey fee to determ
- Accidental Switch to New Regime using Form 10-IEA
- Should I file Revised Return U/S 139 (5)?
Related Threads
CAclubindia
