REGARDING 80GGC

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accountant
564 Points Posted on 11 July 2020
I have donate political party rs.400000 as on 7.7.2020 so I have claim in 2019-20 deduction
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On 11 July 2020 at 17:30 Report
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This discussion clarifies the eligibility for claiming deductions on political party donations under Section 80GGC. It addresses a query about donating ₹400,000 on 7th July 2020 and claiming it for the 2019-20 assessment year. The advice confirms that such donations can be claimed in the subsequent financial year (2020-21), with specific mention of extended dates for compliance in July 2020.

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Practice
4510 Points Posted on 11 July 2020
Originally posted by : Kamlesh Tolani
I have donate political party rs.400000 as on 7.7.2020 so I have claim in 2019-20 deduction

You can Claim Deduction related to Donation in Next Year i.e. 2020-21

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On 11 July 2020 at 17:49
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accountant
564 Points Posted on 11 July 2020
Sir date is extended or not for 80ggc
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On 11 July 2020 at 18:01
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4510 Points Posted on 11 July 2020
Originally posted by : Kamlesh Tolani
Sir date is extended or not for 80ggc

 

Yes You are Right

any provisions of Chapter VI-A under the heading “B.- Deductions in respect of certain payments” thereof, referred to in item (I) of sub-clause (i) of sub-section (1) of section 3 of the Ordinance, the end date in respect of the time limit for the completion or compliance and the end date for making the said completion or compliance, shall be the 30th day of July, 2020 and the 31st day of July, 2020 respectively; and

You can Claim Deduction

 

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On 11 July 2020 at 18:23
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accountant
564 Points Posted on 14 July 2020
Thank u very very much for valuable advice
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On 14 July 2020 at 22:55

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