CSR

Others 150 views 4 replies
User Avatar

Chartered Accountant
7550 Points Joined November 2013

What tax benefits can be availed under CSR

0 Reply Share Follow
On 18 March 2021 at 00:25 Report
Replies (4)
User Avatar

Chartered Accountant
24588 Points Joined November 2019
You can avail CSR benefits by claiming deduction
u/s 80G at 100% deduction of amount made or 50% deduction of certain conditions
Reply
On 18 March 2021 at 06:16
User Avatar

17264 Points Joined December 2018
No specific tax exemptions have been extended to CSR expenditure per se. The Finance Act, 2014 also clarifies that expenditure on CSR does not form part of business expenditure
Reply
On 18 March 2021 at 11:54
User Avatar

Chartered Accountant
24588 Points Joined November 2019
Yes agree with Pravin.. actually 80G is not form a part of CSR according to Bangalore bench of income tax tribunal
Reply
On 18 March 2021 at 12:51
User Avatar

Consultant
1891 Points Joined April 2019

No benefit is available at such against CSR expenditure. Further CSR expenditure is not allowable under the Income Tax Act, 

Reply
On 18 March 2021 at 13:34


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading