Donation section


This query is : Resolved 

(Querist)
29 November 2008 Dear all

how much amount Exempted on donations also tel me the Section

Regards
Suresh

29 November 2008 Section 80G. For details visit www.incometaxindia.gov.in

Rahul (Expert)
30 November 2008 WELL UNDER SECTION 80G QUANTATUM OF EXEMPTION VARIES DEPENDING UPON THE INSITUTION TO WHICH DONATION IS MADE.

IT MAYY BE
1) 100% OF DONATION
2) 50% OF DONATION
3) 100% OF DONATION SUBJECT TO 10% OF ADJ GTI.
4) 50% OF DONATION SUBJECT TO 10%OF ADJ GTI.


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