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80g

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(Querist)
25 February 2012 Dear Sir,

my company profit is 20 lakh & make 100000 donation than (20-1) 19 lakh net profit & tax liability on 19 lakh
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anurag

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anurag (Expert)
25 February 2012 depends upon the nature of the income, i.e. the qualifying amount.
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CA Hardik Bunha

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CA Hardik Bunha (Expert)
25 February 2012 donation will be add in profit and make deduction u/s 80g after calculation. your profit will be considered as 20 lakh but not 19 lakh.
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SAMIR DESAI

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SAMIR DESAI (Querist)
25 February 2012 my net profit is 20000 & than lst i make donation than
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