Wednesday, 4 December 2024

80G deductions for Companies CSR Grants

 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.



More details at CSR Projects | India

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. 👈

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CSR Partnership !

To help meet your corporate social responsibility (CSR) goals, Trinity Care Foundation (TCF) can create specific project proposals for your organisation. Partner organisations could fund/support to conduct Outreach Programs in Karnataka state, India.

Trinity Care Foundation (TCF) a 16-year old Non-Governmental Organization, has the Trust registration, PAN, TAN, 12AB, 80G, Professional tax and FCRA along with CSR Form 1 under MCA. It is registered with NITI Aayog, Government of India. TCF has registered with the Ministry of Corporate Affairs for undertaking Corporate Social Responsibility (CSR) activities and the registration number is CSR00003858.

Connect with us for implementing CSR Projects in alignment with the UN's 2030 Sustainable Development Goals. Executed CSR Projects by Trinity Care Foundation can be viewed at the link : https://www.flickr.com/photos/trinitycarefoundation/albums

Connect with Binu Varghese | Dr. Tony Thomas | Write to us at ( support@trinitycarefoundation.org ) to connect 👈 💡

Follow us on https://www.linkedin.com/company/trinitycarefoundation