donation

This query is : Resolved 

14 May 2010 donation given on local puja should be debited under which head and it is tax deductible or not

14 May 2010 You can shown it in DOnatin & Charity Exp A/c. It is not deductible at the time of income tax computation. i.e it will be add back.

14 May 2010 add to misc. exp/office expense and dont add back to income at time of taxation.. will be allowed... if its a small amount dont bother....

14 May 2010 AGREED IF IT IS SAMLL AMOUNT THEN YOU CAN DO IT.

15 May 2010 thanks, yes it is a very small amount


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