claiming deduction of expenditure incurred by some companies together for social activity.

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..... claiming deduction of expenditure incurred by some companies together for social activity.
Query (Issue) Started By: - Himanshu Gupta Dated:- 20-4-2016 Last Reply Date:- 21-4-2016 Income Tax
Go .....

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..... t 4 Replies
Income Tax
situation:- A group of 10 companies are incurring expenditure for construction of some property. after completion of construction, it will be donated to govt for serving .....

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..... society. we have adviced companies to form AOP for this purpose. now company is seeking our advice, regarding how they can claim deduction of this expanse. Please also advice if there is any other bet .....

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..... ter alternate then AOP? Reply By Himanshu Gupta: The Reply: Further, clients do not want to register their AOP Reply By Ganeshan Kalyani: The Reply: Sir will have to check whether it is CSR. Repl .....

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..... y By Himanshu Gupta: The Reply: They are constructing water dispensers for society. will this be eligible for CSR? and how will the company claim its exemption.? Reply By MARIAPPAN GOVINDARAJAN: The .....

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..... Reply: The CSR may be claimed only for the expenses given in the Schedule to the Companies Act, 2013.
Discussion Forum - Knowledge Sharing .....

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