TaxTMI 
TaxTMI 
CSR expenditure
X X X X Extracts X X X X
X X X X Extracts X X X X
....SR expenditure<br> Query (Issue) Started By: - Kuldeep Kumar Dated:- 18-7-2019 Last Reply Date:- 21-7-2019 Income Tax<br>Got 1 Reply<br>Income Tax<br>Is 80 G deduction allowed on payments made for CSR....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... expenditure if such entities are registered for the purpose of Sec-80G? Reply By Neekita Jindal: The Reply: No specific tax exemptions have been extended to CSR expenditure per se. Finance Act, 201....
X X X X Extracts X X X X
X X X X Extracts X X X X
....4 also clarifies that expenditure on CSR does not form part of business expenditure. Section 80G applies in respect of a DONATION made to a specific fund or institution. One of the condition applicab....
X X X X Extracts X X X X
X X X X Extracts X X X X
....le of allowability of deduction u/s 80G is that the institution or fund issues to a person making the donation a certificate to the effect that it maintains separate books of account in respect of suc....
X X X X Extracts X X X X
X X X X Extracts X X X X
....h business and that the donations received by it will not be used, directly or indirectly, for the purposes of such business; THEREFORE, 80G DEDUCTION IS NOT ALLOWED ON CSR EXPENDITURE MADE.<br> Disc....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ussion Forum - Knowledge Sharing ....