CSR Expenses (to a section 8 Company) having common directors

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..... Dear All X(Assessee company)'s management incorporated a section 8 Company which is duly registered under section 80G as well as Section 12A of Income Tax Act. Now X co.is dischargin .....

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..... g its CSR liability by contributing to this section 8 Company which is then contributing donations received to third parties such as hospitals, schools etc. X co. and Section 8 Co. has common d .....

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..... irectors and shareholders. Will it be covered under CSR / deduction for section 80G ? Regards - Reply By DR.MARIAPPAN GOVINDARAJAN - The Reply = In my view it will not come under CSR and al .....

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..... so it is not eligible for section 80G . - Reply By deepak gulati - The Reply = In my opinion it should be allowed if it not for benefit of employees or promoters. - CSR Expenses (to a section 8 C .....

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..... ompany) having common directors - Query Started By: - CABIJENDERKUMAR BANSAL Dated:- 13-8-2018 Income Tax - Got 2 Replies - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert .....

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..... , personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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