80G deduction for Cash donation
This query is : Open
08 April 2017
Dears, please let me know your view on the below scenario... Mr.A paid donation in cash amounting to Rs.15,000 (single payment) to a trust... U/S 80G, what is the amount eligible for deduction for Fy 2016-17? Rs.10,000 or Nil??? Thanks in advance...
08 April 2017
Nil as the cash donation exceed the limit of 10000.
08 April 2017
Thank you sir. what if the amount paid is Rs.5000/- each for 3 months sir?
08 April 2017
Then also it is not allowed. The limit is for a year.
08 April 2017
Thank you sir. If Mr.A paid cash donation of Rs.5000/- each to Trust A, Trust B & Trust C respectively, Deduction allowed to Mr.A u/s 80G is Rs.15000 in a year or then also Nil sir???
08 April 2017
In such a case it is allowed.
08 April 2017
Thank you very much Sir
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN REDEVELOPED FLAT
- Multiple payment of self assessment tax for A Y 2025-2026
- Requirement under FEMA &RBI
- REGARDING ITR FILING QUESTION
- CLOSING STOCK QUERY
- GST ISD Query on various AMCs
- DUE DATE FOR ITR FILING
- Query regarding Item 61/62/63 vs Item 64 in ITR-3
- Old Traces Portal
- ITC BENEFIT ON BROKRAGE PAID
- GST REGISTRATION REQUIRED TO DIAGNOSTIC UNIT
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
