| Question And Answer | |
|---|---|
| Subject: | CSR vs 80G |
| Category: | Income-Tax |
| Querist: | BKS |
| Answered by: | Advocate Shashi Ashok Bekal |
| Tags: | Business expenditure, Donation |
| Date: | February 17, 2023 |
whether allowable or not ?
The Hon’ble ITAT Kolkata Bench in the case of JMS Mining (P.) Ltd. v. PCIT [2021] 130 taxmann.com 118 (Kolkata – Trib.), inter alia, held that donation made by the assessee company on account of corporate social responsibility to two funds/trusts which were duly registered under section 80G(5)(vi) of the Act was to be allowed as deduction under section 80G of the Act.
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