80G deductions for Companies CSR | Part 1

80G deductions for Companies CSR | Part 1

Tax tribunal (ITAT) rulings open doors to more companies to claim CSR deductions 📢

The Income Tax Appellate Tribunal (ITAT) bench in Mumbai recently ruled in favour of allowing tax deductions under Section 80G of the Income Tax Act for corporate donations made as part of companies’ corporate social responsibility (CSR) expenses.


This decision marks a change from previous decisions to not recognise such deductions.

Every charitable organisation with an 80G certificate needs to submit a donation statement to the Income Tax Department by filling form 10BD.

Implement social impact projects which helps the marginalized populations in India. Click here to know impactfull CSR initiatives being implemented in India. 👈


Lokmat Pratishthan has been wearing Destitute children. Please help to the Destitute children

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Lokmat Pratishthan ngo Pune , Maharashtra lokmatpratishthan@gmail.com 9822392656

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We are NGO working for development of poorest of the poor for the last 25 years and more looking for partners in development any one wanted support us please feel free to Contact us . email ID: harmonymkg@gmail .com and mobile. 9437952341

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Unnathi Career Academy Udupi

Training Coordinator at Unnathi Career Academy

5mo

we have a trust by the name Sanchalana , we can do CSR projects . You can connect with me at 8748920303 .... we can train students in IT, Banking and Finance, Digital Marketing, Aviation so that they can either get good job or can start own business.. etc.

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Bindu P. G

Social worker at National Resource Organization Kudu

5mo

I am working in National Reasource Organization in Kudumbashree Kerala under the NRLM.

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