A brief explanation of insertions of budget wrt finance bill

CA Sumat Singhal , Last updated: 17 March 2012  
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Deduction for Donation not allowed for cash donations in excess of ten thousand rupees Prohibition of cash donations in excess of ten thousand rupees Section 80G of the Income-tax Act provides for a deduction in respect of donations to certain funds, charitable institutions, etc. subj

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CA Sumat Singhal
(Credit Analyst/ Financial Services/ Accounts & Finance)
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