Deduction u/s 35ac
This query is : Resolved
18 June 2014
Iam an individual assessee and I have made a donation to institution which is qualifying for 100% deduction under section 35AC.In my return how to claim this deduction as I have income only from salary and no business income.
18 June 2014
dear ganesh,
you cannot claim 35AC deduction if only have salary income. you can, however, claim deduction under 80GGA.
you cannot claim 35AC deduction if only have salary income. you can, however, claim deduction under 80GGA.
Message likes :
1 times
24 June 2014
allowed to business units n not to salaried income person.
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
- Tax on Goodwill on LLP
- Registration of Articleship
- Procedure to surrender export incentive
- Reverse charge on commercial property
- 26Q TDS UTILITY IN NSDL TIN LATEST UTILITY DOWNLOAD LINK
- Regarding Section 40A
- Clarification on Cost of Acquisition and Capital Gains Tax Treatment for Tata Chemicals
- Slight spelling change in PAN Surname
- Audit report for a private limted company ( small company) FY 2024-25
- Update ITR
- TDS Refund on cancellation of Sale Agreement
- Rcm reconciliation excel sheets format
- Goodwill realeted
- Revision under Section 264 in The Income Tax Act, 1961
- Trial balance matching
- Drafting Grounds of Appeal under Service Tax
- TDS on Crypto section 194S
- GST Practitioner Details
- MSME Reporting in 3CB-CD
- SECTION 50AA SHORT TERM CAPITAL GAIN IN CASE OF MLD
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
