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HOW DONATION IS EXEMPT?

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Querist : Anonymous (Querist)
08 December 2010 ONE EDUCATION & CHARITABLE TRUST WHO DOING EDUCATION BUSINESS & RECEIVING DONATION THAN
DONATION IS EXEMPT, IF YES THAN HOW AND IN WHICH SECTION?

08 December 2010 As per Section 80 G of Income Tax Act, Donation is exempted.

for further details please visit below website :
http://www.incometaxindia.gov.in

Best Regards,
Suresh Gounder
Renaissance Accounts & Tax Consultants
Bangalore
9343120522



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