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About donation

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(Querist)
17 November 2014 MY CLIENT IS MUSLIM HE IS DONATING SOME AMOUNT IN REGISTERED MADARSA .. SO CAN I SHOW IT IN P & L
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Amol S Joglekar

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Amol S Joglekar (Expert)
17 November 2014 You can show it in P & L, no problem, but for income tax purposes, disallow the same in computation. If the same is registered u/s 80G, then allow the deduction u/s 80G
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Ganeshbabu K

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Ganeshbabu K (Expert)
17 November 2014 if u dont want to disallow,

account it as drawings
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