TaxTMI 
TaxTMI 
Is 80 G deduction allowed on payments made for CSR expenditure if such entities are registered for the purpose of Sec-80G?
CSR expenditure
18 Jul 2019 
1 Reply 
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CSR expenditure not eligible for 80G deduction because donations must meet institutional, recordkeeping and certification requirements.
CSR expenditure is not a deductible business expense under income tax rules and Finance Act, 2014. Section 80G allows deduction only for donations to specified funds or institutions that issue certificates and maintain separate books to ensure donations are not used for business purposes; CSR payments do not satisfy these institutional, recordkeeping and certification conditions and thus do not qualify for 80G deduction. (AI Summary)
CSR expenditure is not a deductible business expense under income tax rules and Finance Act, 2014. Section 80G allows deduction only for donations to specified funds or institutions that issue certificates and maintain separate books to ensure donations are not used for business purposes; CSR payments do not satisfy these institutional, recordkeeping and certification conditions and thus do not qualify for 80G deduction. (AI Summary)