Donation to policital party

Hi,

My income from salary is Rs.646519/- and deduction under chapter vi-a is rs.43059/-. My net income is rs.603460/-. i donate rs.1,00,000/- to politial party and 881/- to charitable trust. What is the caculation of salary and what is the effect of donation.

Replies (2)

Donation to political party deductible u/s 80GGC and to cgaritable trust is deductible u/s 80G (50%) prrovided the trust is registered u/s 12AA.

1. Assuming that The Income from Salary stated by you is after adjustment of exempt and non-     exempt alloances, peruisites ans profit in lieu of salary (if any) and this amount represents Gross Income Under the Head Salaries

Gross Total Income                                                                                          646519

2. Deduction Under Chapter VI A                                                                       (43059)

3. Donation Made to Political Party (100% Deduction)                                        (100000)

4. Donation Made to Trust                                                                                     (441)

 

From the Net amount deduct TDS and Advance Tax and add 3% to the net amount derived.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
18 August 2026
Audit Assistant - Remote / Work From Home

CA ANOOP P K & ASSOCIATES

Kozhikode

CA Inter

View Details
Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
ARTICLESHIP 24 August 2026
Article Assistant

M/s.S.G.Salecha & Co.

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
19 August 2026
PAID ARTCILE ASSISTANT

My Legal Tax Consultants Pvt. Ltd.

Noida

CA Inter

View Details
Company
25 August 2026
Senior Accountant

MG Associates

New Delhi

CA Inter

View Details