Form no 58a

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

28 June 2014 Dear Experts,
A salaried person donating a sum of Rs.6000/- to a firm, (Named-SOS Children's Villages india)& received Form No 58A certificate fomr them, & in that letter it mentioned that this amount of donation under 35AC of Income Tax Act.
Kindly suggest if he claim the exemption for the same, & if Yes then is it 100% amount or 50% or how much????

Thanks
Tarun Sharma

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

28 June 2014 a salaried assesseee cannot claim deduction under 35AC. He can however, claim deduction 80GGA

Rupesh Jain

Rupesh Jain (Expert)
Follow

28 June 2014 salary person claim only donation u/s 80G , 80GGA

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

28 June 2014 Means a salaried person cannot claim any deduction for the same??

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

28 June 2014 means that he will claim the deduction under 80GGA

Message likes : 1 times

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

30 June 2014 and he cannot claim sec 35AC

Message likes : 1 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Nikhil Vyas

Navneet Pratap Singh

Rajesh Surapaneni

arya yashu

Amit

Subscribe Now

Form no 58a

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

CA Final

Senior Executive

GST CONSULTANCY

Accountant

Manager- Finance and Compliance

GST CONSULTANT