Menu
General query
one of client ,SAMABAY KRISI UNNAYAN SAMITY LTD (AOP) has donate to the CM relief fund for corona outbreak ,does it entitled to get deduction u/s 80g (pan status AOP) as skus not entitled to get any deduction except 80P.
Replies (2)
Quick Summary
Neither section 80P nor section 80G prohibits claim of deduction by cooperative societies in respect of donations.
section 80P describes the way to calculate the gross income where deductions are available under other sections like 80HH, 80HHA, 80J, 80JJ etc. However there is no prohibition in 80P in claiming deduction for donation paid under section 80G
section 80P describes the way to calculate the gross income where deductions are available under other sections like 80HH, 80HHA, 80J, 80JJ etc. However there is no prohibition in 80P in claiming deduction for donation paid under section 80G
All assessee are eligible for deduction under section 80G .Donation under CM Relief Fund qualifes for 100% Unlimited deduction.
AOP entitled for deduction
Note: Donation not allowed if made in cash above 2000
AOP entitled for deduction
Note: Donation not allowed if made in cash above 2000
Recent Topics :
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
- 70:30 GST rule for solar EPC: partial scope (struc
- TDS on Redevelopers hardship allowance received no
- Who will take FSSAI AND TRADE LICENSE: owner or te
- E Way Bill in respect of Without Bringing Material
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
- Regarding 3CEB query
Related Topics :
CAclubindia
