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Hari, a poor farmer is engaged in a skill devel...

Hari, a poor farmer is engaged in a skill development project.Chatur Limited, a philanthropic ins...

Hari, a poor farmer is engaged in a skill development project.

Chatur Limited, a philanthropic institution agreed to reimburse Hari for his expenses (Rs 8 lakhs) incurred on the said project.

How much deduction can Chatur Ltd claim under section 35CCD?

0
Kanishka Apr. 05, 2020

Chatur can't claim any deduction as reimbursements of skill development expenses don't qualify as a deduction under section 35CCD.

Hari, a poor farmer is engaged in a skill development project.

Chatur Limited, a philanthropic institution agreed to reimburse Hari for his expenses (Rs 8 lakhs) incurred on the said project.

How much deduction can Chatur Ltd claim under section 35CCD?

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