Hello,
A person has made Donation to an Ashram.
it is registered for 80G exemption.
How much will be 80G exemption?
1. Flat 50%?
2. 50% with qualifying limit?
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Exemption u/s 80G? Donations
Replies (3)
50% with qualifying limit. 50% of donation less 10% of gross adjusted income
No 2 is correct
Yes No. 2 is correct
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