Sec 80g
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 June 2017
Doneted Rs.61000.(eligible for50% deduction.Gross income is Rs.687000. Deduction u/s 80C & 80TTA is Rs.150000 & Rs.4000. How much deduction is available u/s 80G, & total tax liability. While filling the respective Sch of Donetions in ITR - 2, the eligible amount is caculated as 50% of Rs.61000 i.e.Rs.30500. How to fill / arrive at correct amount in ITR - 2. Please, guide.
CA Rashmi Gandhi
(Expert)
19 June 2017
Max allowed amt u/s 80g is 26650/-
Studentsca
(Expert)
19 June 2017
Tax Liability = RS 26,265/-
CA Rashmi Gandhi
(Expert)
19 June 2017
Tax liability is Rs.27058/-
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