tax on donations
This query is : Resolved
28 August 2014
I have donated Rs. one lakh to Tirumala Tirupati Devastanam ( TTD ) for Annadanam.
Am I eligible the entire amount or only a certain percentage of that amount as Income tax deduction U/S 80C.!
Am I eligible the entire amount or only a certain percentage of that amount as Income tax deduction U/S 80C.!
28 August 2014
deduction will eligible u/s 80G if you have PAN and TTD have the income tax exemption with limit 50% of your 10% Taxable income or donation which ever is less.
28 August 2014
u are eligible under sec 80G and not 80C.
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