Corporate Social Responsibility (“CSR”) expenses - deduction ...

Income Tax

August 21, 2023

Corporate Social Responsibility (“CSR”) expenses - deduction claimed u/s 80G - the CSR expenses even though not allowed under section 37 of the Act pursuant to insertion of Explanation-2 to section 37 vide Finance Act, 2014 with effect from 01/04/2015. However, the said expenditure is allowable u/s 80G - AT

View Source

← Previous Next →

Corporate Social Responsibility (“CSR”) expenses - deduction ...

Income Tax

August 21, 2023

You may also like:

Deduction u/s 80G - Corporate Social Responsibility (CSR) donations - expenditure was disallowed u/s 37(1) - The Tribunal partly allowed the appeal for statistical...

Deduction u/s. 80G - CSR - No specific tax exemptions have been extended to CSR expenditure. The Finance Act, 2014 also clarifies that expenditure on CSR does not form...

COVID-19 related Frequently Asked Questions (FAQs) on Corporate Social Responsibility (CSR) - Circular

CSR Policy - Rule 6 of the Companies (Corporate Social Responsibility Policy) Rules, 2014 - as amended.

Addition of expenditure made towards Corporate Social Responsibility (CSR) and sustainable development - AO, without examining the nature of the expenses, disallowed the...

Disallowance on account of expenses incurred on corporate social responsibility - Both the lower authorities have disallowed the expenses only on the ground that...

Claim on corporate social responsibility – Expenses incurred wholly and exclusively for the purpose of business - upliftment of the Adivasis in the locality - claim...

Corporate Social Responsibility (CSR) expenses - Allowable business expenses u/s 37 - it is clearly seen that there is an obligation on the respondent/assessee to fulfil...

Extension of Tenure of High Level Committee on Corporate Social Responsibility - 2018

Companies (Corporate Social Responsibility Policy) Amendment Rules, 2018

Companies (Corporate Social Responsibility Policy) Amendment Rules, 2016 - Notification

Disallowance of business expenses as Corporate Social Responsibility (CSR) expenses - The expenses to section 37 (1) was inserted w.e.f. 1st April, 2015 and cannot be...

Activities that may be included in the Corporate Social Responsibility (CSR) policy. - Schedule VII in the Companies Act, 2013 amended

Disallowance of Corporate Social Responsibility (CSR) - Explanation 2 inserted in the section 37 (1) w.e.f. 01/04/15 and is prospective in nature.

CSR Committees without an Independent director if not covered u/s 149(4) - Rule 5 of the Companies (Corporate Social Responsibility Policy) Rules, 2014 as amended.

Quick Updates: