banner_ad

Deductions on Donation

Others 191 views 3 replies
User Avatar

174 Points Posted on 16 November 2019
Respected experts, If one pays donation for construction of a new church say to a tune of 1 lakh, will he get tax rebate under sec 80G and if yes how much he will get tax rebate. The existing church being small, a new one is constructing. Kindly advise. Thanks in advance.
0 Reply Share Follow
On 16 November 2019 at 11:01 Report
Replies (3)
User Avatar

SEO Sai Gr. Hosp.
211715 Points Posted on 16 November 2019

Check if the organization is certified under sec. 80G of IT act. If yes, the donation receipt would specify the amount that can be claimed as deduction. Generally 50% available when paid by banking channel.

Reply
On 16 November 2019 at 12:51
User Avatar

17264 Points Posted on 21 November 2019
If the church organization is approved under 80G then ......

Deduction under 80G is restricted to 10% of Gross total income as reduced by chapter VI A deductions.

Thereafter on this maximum amount or actual donation whichever is lower - 50% of this is eligible as deduction.
Reply
On 21 November 2019 at 00:38
User Avatar

174 Points Posted on 21 November 2019
Thanks a lot sir for clearing my doubts.
Reply
On 21 November 2019 at 04:40


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topic

More recent discussions | Post

Related Topics
Loading

Latest Job Openings

View all
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details