Donation

Deduction in respect of donations is available if any sums paid by the assessee, being a company, in the previous year as donations to the Indian Olympic Association or to any other association or institution [established in India, as the Central Government may, having regard to the prescribed guidelines, by notification in the Official Gazette, specify in this behalf] for (i) the development of infrastructure for sports and games; or (ii) the sponsorship of sports and games,in india. IS CLEAR?

If Receipt is for donation & College is run by charitable/society regd.in 12 A .Exemption is available u/s 80G.

if the college charitable / society regd.in 12 A then Exemption is available u/s 80G.

The company cannot claim the expenditure under section 80G

madam, what you are saying?? why a company can't claim 80G ??

For payment of Rs. 5000/- you can claim 80G only if school is registered u/s. 12, for Sweets you can not claim deduction