Dear friends,
I would like to know who will get deduction(parent or son) u/s 80G if donation is made by parent's bank but receipt is made in Major son's name.
Thanks in advance.
Menu
80g donation
Replies (1)
Receipt is the prima facie evidence as to the payment but the real evidence of payment is the entries as appearing in the bank pass book. If asked it can be proved that the payment has infact been made by the parent.
Had it been the case of cash payment then it would be difficult to prove as to who is the real payer, in that case I would go by receipt
Recent Topics :
- TAX TREATMENT AND ACCOUNTING ENTRIEOF PERQUISITES
- Gifting money to my father-in-law (my husband's da
- GSTR-1 JSON from marketplace exports (Myntra / Ama
- Question on buy back of shares
- Saving corporate tax completely on profit from rea
- Hi experts need some helps
- A query regarding GST and Place of Supply:
- ADT-3 not filed by previous Auditor
- Revising salary on 24Q Q4 FY 25-26
- LTCG: Home Loan Principal Repayment?
Related Topics :
CAclubindia
