TMI BlogCSR expenditureX X X X Extracts X X X X X X X X Extracts X X X X ..... Is 80 G deduction allowed on payments made for CSR expenditure if such entities are registered for the purpose of Sec-80G ? - Reply By Neekita Jindal - The Reply = No specific tax exemptions hav ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e been extended to CSR expenditure per se. Finance Act, 2014 also clarifies that expenditure on CSR does not form part of business expenditure. Section 80G applies in respect of a DONATION made ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to a specific fund or institution. One of the condition applicable of allowability of deduction u/s 80G is that the institution or fund issues to a person making the donation a certificate to the e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ffect that it maintains separate books of account in respect of such business and that the donations received by it will not be used, directly or indirectly, for the purposes of such business; THER ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... EFORE, 80G DEDUCTION IS NOT ALLOWED ON CSR EXPENDITURE MADE. - CSR expenditure - Query Started By: - Kuldeep Kumar Dated:- 18-7-2019 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Kn ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... owledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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