Donation made by limited company to saraswati sevashram

This query is : Resolved

ramanamma (Querist)
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20 August 2014 Hi friends

My company made donation to saraswati sevashram. i.e other than political contribution sum of Rs. 8000/- .

is it disallowed under companies act and income tax act for the FY 2013-14,

please provide clarification .

CA SUNIL K GARG

CA SUNIL K GARG (Expert)
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20 August 2014 donation is disallowed. bur u can claim deduction u/s 80 G , if other condition are satisfied. pls go through sec 80 G of IT act

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CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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20 August 2014 It is allowed under companies Act being other than political donation. It will be allowed under sectin 80G of the income tax Act up to 50% provided the sevashram gives a receipt(80G) for claiming it.

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