Query Regarding IT Exemptions to Donations made to Religious Trusts

Tax queries 460 views 2 replies

Hi all,

Recently I made a donation to Tirumala Tirupati Devasthanam (i.e., Sri Venkateshwara Sarva Sreyas Trust) which is eligible for deduction under U/S 80 G (5) (vi) of the Income Tax Act, 1961.But I have no clue whether it is eligible for a 100% donation (or) a 50% donation. So,could anyone of you please help me with this ?

Thanks,

Nitish

Replies (2)
I think the said donation is not eligible to claim deduction. Bcoz, I saw some receipts for the TTD donation. They are not give PAN in their receipts...

Is Your receipt have PAN...?!

Deduction will eligible u/s 80G with limit 50% of your 10% Taxable income or donation which ever is less.

 


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