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Donations under sec 80 g

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 December 2012 We wish to Donate Canteen Equipments to a approved instituation having exemption certificate .


Since the donation is not in cash but in Kind whether the company can claim deduction as per Income Tax .


Pls revert

Thanks

Sandeep

07 December 2012 Deduction is kind DO NOT qualify for deduction under the Income Tax Act.


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