80g exemption
This query is : Resolved
27 February 2013
Does employer liable to give an exemption of donation made by an employee of Rs.100000/-under 80G? if yes then please send me the act mention the same.
27 February 2013
Section 80G prescribes deduction in respect of donation.
If employee has made an eligible donation u/s 80G and produces a certificate to the effect of same, the employer needs to deduct the same from employees income for TDS purposes.
If employee has made an eligible donation u/s 80G and produces a certificate to the effect of same, the employer needs to deduct the same from employees income for TDS purposes.
27 February 2013
There is no bar to employer's for considering 80G donation of employee's while calculating TDS. Refer CBDT Circular 8/2012 dated 5/10/2012.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Tds on building rent monthly
- RCM INVOICING FROM NOV-2024
- Should I report my US salary for January, February, March in Schedule FA?
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
