whether exemption is eligible.

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Querist : Anonymous

Querist : Anonymous (Querist)

18 July 2011 My client give the donation of RS. 1,00,000.00 for religion purpose(not for renovation and repair). whether full amount is eligible for exemption u/s 80-G.

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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18 July 2011 On donation for religious purposes, 100% exemption is not available U/s 80G.

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There are certain criteria to claim Deduction U/s 80G.
Whether the donor has obtained a receipt from the institution?
Whether the Institution is granted certificate U/s 80G by the CIT?
What is the net qualifying amount?
etc..

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As I know, in spite of meeting all the criteria one can claim max. Rs 50000/ deduction.

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