Centre may allow companies a bigger CSR canvas to paint on
The Centre is weighing a proposal to tweak corporate social responsibility (CSR) norms for widening their scope and coverage
Tag: CSR expenditure
CBIC to come out with clarificatory circular on ITC for CSR, change unlikely in budget provision
Companies are unlikely to see any relaxation in the budget provision related with no ITC (Input Tax Credit) for CSR…
Government may restrict Input Tax Credit on CSR expenditure in the upcoming Budget 2023-24
The government is likely to introduce amendments to Goods and Services Tax (GST) law through the Finance Bill, 2023, denying…
Input Tax Credit can be Availed on Corporate Social Responsibility Expenses
The Telangana AAR, in lieu of an application filed by M/s. Bambino Pasta Food Industries Private Limited, [TSAAR Order No.52/2022]…
CSR expenditure incurred in furtherance of business eligible for Input Tax Credit (ITC)
Input Tax Credit (ITC) on corporate social responsibility (CSR) is still attracting contradictory rulings from Authority for Advance Ruling (AAR).…