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Section 80g - query about types

Tax queries 2400 views 5 replies

Hi,

This year's ITR has 4 different categories for 80G deductions.

a) 100% deduction without any qualifying limit

b) 50% deduction without any qualifying limit

c) 100% deduction subject to qualifying limit

d) 50% deduction subject to qualifying limit

How do I find the category for my donations to various trusts? For instance, GiveIndia or Ramakrishna Mission.

Is there any link which helps to categorise firms etc?

 

 

Replies (5)

refer any good ready reckoner or see Sec. 80G under incometax Act. For this visit incometaxindia.gov.in>Act>...

Deductions with and without any qualifying Limit are already mentioned and speified in the Act. Still for the Convenience i am Pasting the Write-up for your referrence. It can be easily deifferentiated in the 4 categories. Still if you are having difficulty, tell the donation type and to which authority, will try to help you.

Regards,

 

 

 

Donations with 100% deduction without any qualifying limit:

  1. Prime Minister’s National Relief Fund
  2. National Defence Fund
  3. Prime Minister’s Armenia Earthquake Relief Fund
  4. The Africa (Public Contribution - India) Fund
  5. The National Foundation for Communal Harmony
  6. Approved university or educational institution of national eminence
  7. The Chief Minister’s Earthquake Relief Fund, Maharashtra
  8. Donations made to Zila Saksharta Samitis.
  9. The National Blood Transfusion Council or a State Blood Transfusion Council.
  10. The Army Central Welfare Fund or the Indian Naval Benevolent Fund or The Air Force Central Welfare Fund.

             

Donations with 50% deduction without any qualifying limit.

  1. Jawaharlal Nehru Memorial Fund
  2. Prime Minister’s Drought Relief Fund
  3. National Children’s Fund
  4. Indira Gandhi Memorial Trust
  5. The Rajiv Gandhi Foundation

       

Donations to the following are eligible for 100% deduction subject to 10% of adjusted gross total income

  1. Donations to the Government or a local authority for the purpose of promoting family planning.
  2. Sums paid by a company to Indian Olympic Association

      

Donations to the following are eligible for 50% deduction subject to 10% of adjusted gross total income

  1. Donation to the Government or any local authority to be utilized by them for any charitable purposes other than the purpose of promoting family planning.

       

Although very important share by CA. Anupriya but It's better to refer to ready reckoner..

Thank you, all. Since my donations are to GiveIndia and Ramakrishna Mission, it would fit into Donations to the following are eligible for 50% deduction subject to 10% of adjusted gross total income

Now u got it...smiley


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