Donations

This query is : Resolved 

14 March 2011 What is Limitation for Exemption of Donations U/s 80G.

14 March 2011 The first limitation on donation is the money available with the assessee.
He can't donate more than he has.
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Under section 80G certain donations are restricted by fixing a qualifying amount which is 10% of adjusted Gross Total Income.
*
Adjusted GTI can be arrived by deducting all other deductions under chapter VIA.
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