80g & ltcg


This query is : Resolved 

06 September 2017 Hi, Can donations under 80G be deducted from LTCG arising out of sale of Bond / Income Mutual Funds units. Thanks. Suresh K

06 September 2017 can you please elaborate your query.....?????
80G donations ....deducting from LTCG........NO...not possible.....

06 September 2017 LTCG income can be adjusted only against basic exemption limit and not against any deduction under Chapter VI A


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