Donation given by direcetor
This query is : Open
10 March 2012
can anyone tell me whether donation given by director of the company is deductible under income tax ?
10 March 2012
Donation given by the director can be claimed as deduction u/s 80G by the DIRECTOR in his personal return.
The company cannot claim deduction of the same.
However, if the receipt is in the name of the company then the company can claim deduction of the same.
The company cannot claim deduction of the same.
However, if the receipt is in the name of the company then the company can claim deduction of the same.
10 March 2012
In the receipt of donation name of director is written whereas the name of company is written in bracket.
will it make any difference???
will it make any difference???
10 March 2012
The donation can be claimed by the director.
10 April 2012
i want to know can it claim by company?
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