CSR expense Eligible for Section 80G Deduction on fulfilling conditions

Page ContentsGoldman Sachs Services Pvt. Ltd. Vs JCIT (ITAT Bangalore) Goldman Sachs Services Pvt. Ltd. Vs JCIT (ITAT Bangalore) The issue under consideration is whether CSR is also eligible for deduction u/s 80G of the Act subject to assessee satisfying the requisite conditions prescribed for deduction u/s 80G? In the present case, the assessee has incurred expenditure to meet the CSR (Corporate Social Responsibility) as per Policy formulated under Section 135 of the Companies Act, 2013. Out of the said amount, a sum qualified for deduction under Section 80G of the Act and therefore the asses...