Hello
Is Donation given by Company is allowed as per IT act upto some percentage of Net profit ???
V P Narasimhan
(Accounts Manager)
(791 Points)
Replied 02 February 2016
Donations are not allowed unless other wise specified with exemption granted u/s certain section. It will be disallowed .
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
