Suppose assesssee Mr. A's salary is Rs. 3,50,000/- and his deduction under section 80 c 1,00,000 and u/s 80 d is Rs. 7,880.
He is contributing Rs. 25,000 to religeous trust which is registered trust for claiming deduction U/s 80 G 50%
Than how much deduction assessee can claim?
I want to Know about " WITH QUALIFYING LIMIT'' & "WITHOUT QUALIFYING LIMIT" IN THIS CONTEST. (fOR 50 % RELIGEOUS TRUST)
salary is Rs. 3,50,000/
80 c 1,00,000
80 d is Rs. 7,880.
Therefore gti after deduction 2,42,120
10% is 24,212
so dedeuction is restricted to 24,212
i mean 50% of 24,212
agree with djtauraus!!!!!!!
N J Suresh & Associates
Bengaluru
CA Inter
View Details
CCI
Pro
CAclubindia
