08 November 2014
For a proprietorship firm do we need to give donation details given by the proprietor or donation given by proprietorship firm only in new 3cd.
08 November 2014
1)Donation may be disallowed if it is charged to profit and loss account as it is not business expence.Recommended to account it as drawings . . 2)Donations eligible for 80G are required to disclose in Clause 33 of Form 3CD
CAclubindia
