Donation u/s 80g
This query is : Resolved
SHREEPAL LALWANI
(Querist)
25 December 2015
Dear Sir,
My Client has made donation in cash as follows during f.y.2014-15
donation to Shree Ambica Niketan Trust Rs.7000/-
donation to Vishv Jagruti Mission Rs.3500/-
---------------
TOTAL RS.10500/-
-----------------
As total donation in cash during the f.y.2014-15 exceeds Rs.10000/-. whether I am eligible for deduction u/s 80G. As per section 80G donation made in cash exceeds Rs.10000/- not eligible for deduction. I want to know whether this 10000/- limit is for donation made to individual trust or accumulated. Please reply
My Client has made donation in cash as follows during f.y.2014-15
donation to Shree Ambica Niketan Trust Rs.7000/-
donation to Vishv Jagruti Mission Rs.3500/-
---------------
TOTAL RS.10500/-
-----------------
As total donation in cash during the f.y.2014-15 exceeds Rs.10000/-. whether I am eligible for deduction u/s 80G. As per section 80G donation made in cash exceeds Rs.10000/- not eligible for deduction. I want to know whether this 10000/- limit is for donation made to individual trust or accumulated. Please reply
CA PARAS BAFNA
(Expert)
25 December 2015
Donations of any sum exceeding Rs 10000/- if paid in cash is not allowable. Here the "sum" exceeds. Better claim Rs 7000/- only U/s 80G
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