80GGA Quires

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Service
16 Points Posted on 25 March 2022

I'm a salaried person and made a donation of 2L to the rural research organization in this fiscal year and got the 58A form, now can I claim that as a tax exception under 80GGA? (I already paid 5L of tax in this fiscal year)

Added, I would like to that is it possible that I can carry forward my donation made under 80GGA?

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On 25 March 2022 at 16:59 Report
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This discussion clarifies the tax exemption under Section 80GGA for donations to rural research organisations. It confirms that salaried individuals can claim a 100% deduction for such donations, provided they don't have business or professional income. However, it's important to note that donations made under 80GGA cannot be carried forward to subsequent financial years.

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CFO- at NHTF
58280 Points Posted on 25 March 2022
Donations made under Section 80GGA are eligible for 100% tax deduction. There is no upper limit to the amount one can donate to institutes which adhere to principles under this Section
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On 25 March 2022 at 19:33
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BUSINESS DEVELOPMENT MANAGER
1697 Points Posted on 25 March 2022

Section 80GGA allows deductions for donations made towards scientific research or rural development. This deduction is allowed to all assessees except those who have an income (or loss) from a business and/or a profession

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On 25 March 2022 at 20:01
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BUSINESS DEVELOPMENT MANAGER
1697 Points Posted on 23 May 2022

Section 80GGA allows deductions for donations made towards scientific research or rural development. This deduction is allowed to all assessees except those who have an income (or loss) from a business and/or a profession.

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On 23 May 2022 at 18:20
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CFO- at NHTF
58280 Points Posted on 23 May 2022
It can't be carry forward to subsequent years
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On 23 May 2022 at 21:18

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