section 80G
This query is : Resolved
Sachin Grover
(Querist)
25 July 2017
If assesse made donation of Rs. 8500 in cash to 8 charitable organisations each. Whether it is allowable or not. Whether there is any impact of Rs. 10000 limit for cash donation??? Whether 68000 is allowable as deduct u/s 80G??
Amol S Joglekar
(Expert)
25 July 2017
remember the 10% of Gross Total Income is the CAP
K Srinivas, CMA CS
(Expert)
25 July 2017
In my opinion, Rs.10,000 cap on cash donation is donation specific and not pan specific.
In other words, the assessee can claim Rs.68000 since no cash donation exceeded Rs.10,000
In other words, the assessee can claim Rs.68000 since no cash donation exceeded Rs.10,000
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
- Query on effect of registration of property
- GST on reimbursement of expenses
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Visiting card purchase
- Foriegn assets disclosure
- Number of years as per AS amortisation of Goodwill
- Additional trade name
- Equity Share Sale and Purchase
- Whether output tax is taken credit by purchaser
- Wrong CMPo8 file
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
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
