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
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