I made a donation to TTD temple trust in 2018. I was not taxable in that year, and therefore I hadn't claimed exemption. Now that I'm taxable, I would like claim exemption for this past expense in the ITR of AY23-24. Is this 80G donation carry forward allowed ?
Menu
80G carry forward
Replies (3)
Quick Summary
A big nooooo
No carry forward is applicable
80G can't be carried forward:
• 80G deduction is allowed only in the year the donation is made, against that year's income. There's no carry-forward of unclaimed donations to later years.
• If you weren't taxable in 2018, the deduction had no value then, and it can't be used in later years.
Recent Topics :
- TDS ON IMMOVABLE PROPERTY - PURCHASE FROM NRI &
- Query to Tax Garden tax consultant
- Subject: Urgent Assistance Required – TRACES
- Claiming business re-imbursements while filing GST
- E-waybill 14 Digit Numbring
- Non filing of MGT-14 for MD appointment
- HUF AFFIDAVIT vs HUF DEED - REQUIREMENTS & STA
- Free Pre-Filing Tool to Match GSTR-3B vs GSTR-2B (
- MR AASHOK KUMAR SHARMA
- NIC codes for FIRMS registration of entity
Related Topics :
CAclubindia
