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Whether donation is liable to FBT

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(Querist)
12 June 2009 Our clent makes donations which are covered under section 80G - 50 percent eligibility slab. They are paying FBT on the full amount under "GIFTS". Are these liable to FBT & if, yes, then whether on full amount or amount net of deduction under section 80G.
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
12 June 2009 No donation is not liable to FBT. It is not an allowable business expenditure. Only 50% u/s 80G subject to restrictions of 10% of income is allowable
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Ankur Garg

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Ankur Garg (Expert)
13 June 2009 Agree with Aditya
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