Donation u/s 35 ac
This query is : Resolved
Pratik Patel
(Querist)
27 November 2012
I HAVE GOT DEMAND U/S 143(1) REGARDING I T RETURN OF A Y 2011-12.IN WHICH I HAVE
CONSIDERED DONATION U/S 80GGA BUT ACTUALLY IT COMES UNDER THE U/S 35 AC SO HOW SHALL I RECTIFY THIS RETURN? PLEASE GUIDE ME?
CONSIDERED DONATION U/S 80GGA BUT ACTUALLY IT COMES UNDER THE U/S 35 AC SO HOW SHALL I RECTIFY THIS RETURN? PLEASE GUIDE ME?
27 November 2012
U can file revised return and file an appeal with proper presentation against order u/s 143
27 November 2012
Deduction u/s 35AC is available only from business income.
Assessees who DO NOT have business income can claim deduction u/s 80GGA. It is fully allowed.
If you have income from business, then you should revise the return and claim deduction u/s 35AC.
Assessees who DO NOT have business income can claim deduction u/s 80GGA. It is fully allowed.
If you have income from business, then you should revise the return and claim deduction u/s 35AC.
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