80g calculation


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Querist : Anonymous

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Querist : Anonymous (Querist)
01 February 2012 Dear Sir

What is the method of calculation of 80G Deduction.

Can anyone help me out with example

01 February 2012 You can download the file

https://www.caclubindia.com/share_files/section-80g-0f-income-tax-30406.asp

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 February 2012 Mr CMA Ramesh Krishnan

That file was not the appripriate anser what i was looking for.
My Query is in fact that i am a salaried person & i want to donate a sum to a charitable trust, so how much deduction i can avail U/S 80G

Remember i am availing INR 1.00 Lakh U/S 80C, INR 20000 U/S 80CCF & INR 4003 U/S 80D

02 February 2012 A. Donations made to following are eligible for 100% deduction without any qualifying limit.
1. Prime Minister’s National Relief Fund
2. National Defence Fund
3. Prime Minister’s Armenia Earthquake Relief Fund
4. The Africa (Public Contribution - India) Fund
5. The National Foundation for Communal Harmony
6. Approved university or educational institution of national eminence
7. The Chief Minister’s Earthquake Relief Fund, Maharashtra
8. Donations made to Zila Saksharta Samitis.
9. The National Blood Transfusion Council or a State Blood Transfusion Council.
10. The Army Central Welfare Fund or the Indian Naval Benevolent Fund or The Air Force Central Welfare Fund.

B) Donations made to the following are eligible for 50% deduction without any qualifying limit.
1. Jawaharlal Nehru Memorial Fund
2. Prime Minister’s Drought Relief Fund
3. National Children’s Fund
4. Indira Gandhi Memorial Trust
5. The Rajiv Gandhi Foundation.

C) Donations to the following are eligible for 100% deduction subject to
qualifying limit (i.e. 10% of adjusted gross total income).

1. Donations to the Government or a local authority for the purpose
of promoting family planning.
2. Sums paid by a company to Indian Olympic Association

D) Donations to the following are eligible for 50% deduction subject to
the qualifying limit (i.e. 10% of adjusted gross total income).

1. Donation to the Government or any local authority to be utilized
by them for any charitable purposes other than the purpose of
promoting family planning.

Amount of deduction
The quantum of deduction is as follows :-
Category A- 100 % of amount donated
Category B -50 % of the amount donated in the funds
Category C – 100% of the amount donated in the funds subject to maximum limit
of 10% of Adjusted GTI.
Category D – 50% of the amount donated in the funds subject to maximum limit
of 10% of Adjusted GTI.
The total of these deductions under categories A,B,C, & D is the quantum of
deduction under this section without any maximum amount.

Adjusted gross Total income for this purpose means his gross total income
minus long-term capital gain, short term capital gain taxable u/s 111A, and
all deductions u/s 80CCC to 80U except any deduction under this section.

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Querist : Anonymous

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03 February 2012 Sir

80C, 80CCF & 80D deductions are allowable for Adjuisted Gross Total Income for 80G purpose or not


03 February 2012 Yes. It is allowed for calculation of Adj.GTI

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Querist : Anonymous

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04 February 2012 Thank you Sir

Thanks a lot for your co-operation

My Self B.K.Roy i am from Kolkata
if you allow & provide your Mobile & email then i want to add you in my personal contact list.

04 February 2012 you can reach me at mail id :cma.rameshkrishnan@gmail.com

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 November 2013 Sir,
Is there any limit for donation ?
I mean to say how much can we donate ?

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 November 2013 Is there any limit for donation ?
How much we can donate ?


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