Can CSR Expenses Claimed for Deduction under Section 80G of Income Tax Act?

The article discusses whether CSR (Corporate Social Responsibility) expenses can be claimed for deduction under Section 80G of the Income Tax Act. CSR expenditures primarily aimed at societal welfare do not qualify for deduction under Section 80G, which pertains to donations eligible for tax benefits. The Income Tax Act allows deductions for specific donations made to qualifying funds, but CSR activities, though socially beneficial, do not fall within this category. Therefore, companies must distinguish between CSR expenses and eligible donations under Section 80G to appropriately claim tax benefits.