07 January 2016
Dear Shakil You cannot claim the donation as revenue expenditure but you can claim it as deduction from the gross taxable income u/s 80G
07 January 2016
You have to treat it like revenue expenditure. But it will get disallowed under the income tax act. If they have a 80G certificate then you can claim 80G deduction while computing the income tax.
CAclubindia
