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80g & ltcg

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(Querist)
06 September 2017 Hi, Can donations under 80G be deducted from LTCG arising out of sale of Bond / Income Mutual Funds units. Thanks. Suresh K
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Amol S Joglekar

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Amol S Joglekar (Expert)
06 September 2017 can you please elaborate your query.....?????
80G donations ....deducting from LTCG........NO...not possible.....
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K Srinivas, CMA CS

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K Srinivas, CMA CS (Expert)
06 September 2017 LTCG income can be adjusted only against basic exemption limit and not against any deduction under Chapter VI A
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