Deduction u/s 80g

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
10 January 2013 Can a individual donates a part of his business income to a charitable institution and which is owned by the same institution?
Can he claim a deduction u/s 80G while filing the company's return of income?

Profile Image

Guest

Profile Image

Guest (Expert)
10 January 2013 Deduction will be available.
A proprietary firm and a charitable trust are two separate entities for the purpose of Income Tax.

So if all the conditions of sec. 80G are fulfilled then deduction of donation will be available.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
11 January 2013 Thank You sooooo much


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared

Getmyca Consultant Pvt Ltd

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details