Poonawalla fincorp
Poonawalla fincorp

Deduction for csr expenses

This query is : Resolved 

04 November 2014 Dear All Experts,

Can a company's contribution to Prime Minister Relief Fund as its CSR implementation be claimed as a deduction under section 80G of the Income Tax Act, 1961.?

Thanks

22 November 2014 Yes donation to Prime Minister Relief Fund is eligible for deduction u/s 80G of the Income Tax Act. The fact that it has been donated to meet the CSR liability is of no relevance.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries