Charity
This query is : Resolved
28 June 2014
Is donation given by charitable hospital to charitable institution allowable expense?
28 June 2014
yes it is an allowable application of money provided that the said donation is permitted under the MOA of the charitable hospital..
28 June 2014
It is covered as an application under section 11.
29 June 2014
If the donor and donee is registered under section 12AA of the Income tax Act 1961, the donor can claim exemption u/s 11 (1)(a) of the said act for the donation paid.
Citation:- CIT Vs. Sarladevi Sarabhai Trust No.2 (1988) 172 ITR 698(Guj).
Citation:- CIT Vs. Sarladevi Sarabhai Trust No.2 (1988) 172 ITR 698(Guj).
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