CSR Contributions by Cheil India towards Clean Ganga Fund and Swacch Bharath Kosh are Sec.80G Tax Deductibles: ITAT

CSR Contributions by Cheil India Towards Clean Ganga Fund and Swacch Bharat Kosh Are Sec 80G Tax Deductibles: ITAT: The Income Tax Appellate Tribunal (ITAT) ruled that corporate social responsibility (CSR) contributions made by Cheil India towards the Clean Ganga Fund and Swacch Bharat Kosh are eligible for deductions under Section 80G of the Income Tax Act. The contributions, which were part of the company’s CSR initiatives, aim to support environmental and sanitation projects in India. The ITAT’s ruling clarifies that donations made to government-approved funds qualify for tax benefits under Section 80G, promoting corporate participation in national welfare programs. This decision reinforces the importance of CSR in contributing to government initiatives while encouraging tax-efficient charitable giving.