Eligibility of donations in cash u/s 80g

Dear All,

Pl. comment on eligibility of donations made to one and more than one entities in cash not exceeding 10,000/- at different times during the year but exceeding 10,000/- in aggregate (not in single stroke).

Thanks!

CA. Sanjeev Kumar

Replies (1)

Dear Sir,

it states that "No deduction shall be allowed under this section in respect of donation of any sum exceeding ten thousand rupees unless such sum is paid by any mode other than cash.", which implies that it is aggregate of all payments made in a year.. and also for all entities, because it is saying that no deduction shall be allowed under this section.. which means all such payments which are eligible to come under this section.

Best Regards,
CA Lovely Arora
ca.lovelyarora @ gmail.com

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register