Query regarding section 80g
This query is : Resolved
14 April 2014
Respected Sir,
My query is that how much % of donation could be availed on donating 10000 Rs in cash to arya samaj mandir by a private company.
Thank in Advance
My query is that how much % of donation could be availed on donating 10000 Rs in cash to arya samaj mandir by a private company.
Thank in Advance
14 April 2014
Deduction u/s 80G depends upon the nature of Instituion you donate:
1. Institutions to which 100% deduction is available. (Approved Institutions)
2. Other Institutions.
First you should ascertain whether the Institution Arya Samaj is approved for the pupose of Section 80G and the approval is valid is on date.
Normally Fifty percent of the donation is eligible for deduction subject to the condition the eligible amount shall not exceed 10% of the Gross Total Income after all deductions under Chapter VIA, except 80G.
1. Institutions to which 100% deduction is available. (Approved Institutions)
2. Other Institutions.
First you should ascertain whether the Institution Arya Samaj is approved for the pupose of Section 80G and the approval is valid is on date.
Normally Fifty percent of the donation is eligible for deduction subject to the condition the eligible amount shall not exceed 10% of the Gross Total Income after all deductions under Chapter VIA, except 80G.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- Treatment of Pension ?annuity returns on PMVY
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- TAN for Partnership
- Sales return eway bill
- REGARDING GST LIABILITY/....
- GST ON DAMAGED GOODS
- Free lancer income
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
