Computation of deduction under 80g
This query is : Resolved
Guest
Guest
(Querist)
17 September 2014
For computation of deduction eligible under 80G is limited to 10% of gross total income.
Please correct me if iam wrong.
Please correct me if iam wrong.
17 September 2014
You are absolutely Correct the limit is 10% of Gross Total Income in applicable cases. For details on deduction u/s 80G see below link--
https://taxguru.in/income-tax/all-about-deduction-under-section-80g-of-the-income-tax-act-1961-for-donation.html
https://taxguru.in/income-tax/all-about-deduction-under-section-80g-of-the-income-tax-act-1961-for-donation.html
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