LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

80G deduction

02 July 2020

If a individual pay donation to a registered trust...then it will qualify under which category.
50% or 100 % with or without ceiling limit...
pls clarify...

Reply
Follow
Share

4 Replies

CA Ankith Jain (Chartered Accountant) (973 Points)
Replied 02 July 2020

Genrally donations made to registered trust will come under 50% with ceiling limit.
However the remaining 3 category would attract only if u make specific donation, the list is provided in the act.

CA ARPIT BANGA (job ) (376 Points)
Replied 03 July 2020

Usually 50%

Ramya Bhat (254 Points)
Replied 03 July 2020

Thank u

Bhavin Shah (Chartered Accountant) (821 Points)
Replied 04 July 2020

The donation receipt will have reference to the sub section of section 80G under which its registered.... You can find out basis that.. Usually in the current case it will be 50%