Deduction u/s 80g
This query is : Resolved
21 February 2013
Can it be possible to get tax benefit if a a same co. promoter invested in Charitable trust u/s 80G? please help.
21 February 2013
Charitable Trust is an entity distinct from the promoter company.
.
If an Individual donates to a trust, you can say that it is an Investment ( Tum ek paisa doge , Vo Das Lakh Dega) which may yield fruits in the next Birth also.
.
Yes, donation may qualify for 80G deduction, subject to the other conditions prescribed under the section.
.
.
If an Individual donates to a trust, you can say that it is an Investment ( Tum ek paisa doge , Vo Das Lakh Dega) which may yield fruits in the next Birth also.
.
Yes, donation may qualify for 80G deduction, subject to the other conditions prescribed under the section.
.
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