80G
This query is : Resolved
RANJAN MODAK
(Querist)
08 August 2010
I WANT TO KNOW ABOUT 80G? PLEASE HELP ME|
CA Sanat Pyne
(Expert)
08 August 2010
YOU CAN DOWNLOAD DETAILS OF 80G FROM MY FILE SECTION
https://www.caclubindia.com/share_files/80g-details-29022.asp
https://www.caclubindia.com/share_files/80g-details-29022.asp
Murtaza I Bhagat
(Expert)
08 August 2010
80G Donations for charitable purposes
Any Assessee [except u/s. 80G (2)(c)
donation to Olympic ass. by Co. only
allowed]
= Donations should not be in kind.
= If paid out of another years income or
out of income not includible in the
assessment of the current year the
deduction still available(Lt. F. No. 45/
313/66-ITJ(61) dt. 2-12-1966
Amount of Donations, not exceeding 10% of
GTI (As reduced by other deductions).
= In certain cases this limit does not
apply.
= 1) 50% generally; and
= 2) 100% in cases of PMs Relief Funds,
Gujarat Earthquake Relief Funds, etc.
Any Assessee [except u/s. 80G (2)(c)
donation to Olympic ass. by Co. only
allowed]
= Donations should not be in kind.
= If paid out of another years income or
out of income not includible in the
assessment of the current year the
deduction still available(Lt. F. No. 45/
313/66-ITJ(61) dt. 2-12-1966
Amount of Donations, not exceeding 10% of
GTI (As reduced by other deductions).
= In certain cases this limit does not
apply.
= 1) 50% generally; and
= 2) 100% in cases of PMs Relief Funds,
Gujarat Earthquake Relief Funds, etc.
RANJAN MODAK
(Querist)
12 August 2010
THANKS FOR YOUR HELP
CA Sanat Pyne
(Expert)
12 August 2010
ITS OUR PLEASURE.
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