Deductible corporate donations expanded to include payments for sports infrastructure and sponsorship under section 80G. Companies may claim a deduction under section 80G for donations made to the Indian Olympic Association or to associations or institutions notified by the Central Government for development of sports infrastructure or for sponsorship of sports and games in India; the change is effected by insertion of a new clause (c) in sub-section (2) and a consequential substitution in sub-section (4) to refer to clauses (b) and (c).
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Deductible corporate donations expanded to include payments for sports infrastructure and sponsorship under section 80G.
Companies may claim a deduction under section 80G for donations made to the Indian Olympic Association or to associations or institutions notified by the Central Government for development of sports infrastructure or for sponsorship of sports and games in India; the change is effected by insertion of a new clause (c) in sub-section (2) and a consequential substitution in sub-section (4) to refer to clauses (b) and (c).
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