80G Deduction

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Sagar Kulkarni

Sagar Kulkarni (Querist)
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28 January 2011 What is the percentage of deduction if the Assessee pays a donation to Child Relief and You (CRY)?

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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28 January 2011 All donations to CRY are 50% exempt from tax under section 80G of the Income Tax Act,1961 and 100% exempt under sections 80GGA or 35AC of the said act.

CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Expert)
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28 January 2011 under 80G its 50 %.

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CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Expert)
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28 January 2011 However under section 80GGA or 35AC, you can get 100 % exemption, but then you need to have a receipt applicable under the relevant section.

Guest

Guest (Expert)

28 January 2011 Agree with experts