28 July 2011
I have recently filled the IT return of my Director. Earlier in income tax declaration form my Director asked for Exemption of Rs.100000 under SEc 80 G as donation which he paid to school of his children. Also that school in donation receipt has mentioned that this donation is exempt under Order No.xyz / . But as this donation was not in the list of donations which can be approved by accountant / company. I refused him donation exemption nad ask him to get it approved by ITO. So now at time of efiling he has put 100000 in 80G and it gave some 56675 rs (approx) amount as valid. And we filed the return. Now my query is who will authorise that donation exemption as we filed the return online we are not going to visit IT office. Also his pan card was issued in another city and he is working in different city so his assessing officer is in old city as per PAN card jurisdiction.
Now in normal form 16 i showed refund of around 400 rs but with this donation if approved in ITR refund comes to around 17455 Rs. So he sent the donation xerox copies, and form 16 copies along with electronic filing print to bangalore CPC as mentioned in ITR form...
How do he make sure he gets exemption for 80G... any idea?