80g donation

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MOIN ALI (Querist)
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11 June 2016 if a persons income cross 10 lakh. or his income under 30% tax slab rate. if he give donation to some trust who registered under income tax act with 100% deduction. if he give 10 thousand donation to one of trust then how much tax he save. I mean how much benifit he got. pls answer sir

MOIN ALI

MOIN ALI (Querist)
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11 June 2016 I just ask for my knowledge sir pls answer

Kaushik Joshi

Kaushik Joshi (Expert)
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12 June 2016 Dear Moin Ali, Donation is a deduction from the gross total income. hence for a person in the 30% tax bracket, it'll save Rs 3000/- if 100% deduction allowed of Rs. 10000/- from the gti.

MOIN ALI

MOIN ALI (Querist)
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12 June 2016 thank u sir

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