Sec 35 query

Dear frens, 

pls give the solution ...

Mr R doing business donated 50000 to madras university on 10.01.12 to be used for scientifc research programe approved by principal secientific advisor to the govt of india.

hw much of such donation is deductible in computing business income of him for AY 12-13

what is your answer if he is salaried person ????

Replies (1)

dear sabia,

i think it will be 175% of the amount of donation

 

cheers

 

ganesh agarwala

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