CSR Expenses Not Tax-Deductible as Business Expenses u/s 135 of Companies Act, 2013, Effective April 1, 2015.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Addition on account of CSR/donation expenses - w.e.f. 1.4.2015, any expenditure incurred by an assessee on the activities relating to corporate social responsibility referred to in section 135 of the Companies Act, 2013 shall not be deemed to be an expenditure incurred by the assessee for the purposes of the business or profession - there was no such embargo for the preceding years - AT....