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
- TWO FIRM NAME IN ONE GST NUMBER
- Section 54 f disallowed will be taxed at what rate
- ITR -1 Filing
- Transportation of Petrol, Diesel by GTA and Other than GTA
- Form 16 Issues
- SEA GOING ALLOWANCE
- Transfer of rectification rights to ao
- Which ITR application
- Trust 10AB form required for old asst. years?
- TDS whether applicable or not in case of Flat purchase
- Igst utilisation query
- Section 12A(1)AC
- Interest will be paid
- CHANGE IN PARTICULARS OF DIRECTOR
- Non- payment of GST on supply of services- reg
- Accumulated surplus exceeding 15%
- Different GST Number MEESHO
- Fees amount transfer procedure for two doctors
- Notice u/s 148 of IT Act
- Credit note for cycle round
Trending Online Classes
CAclubindia
