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Company donation to PM relief fund

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(Querist)
11 December 2008 Hi,

Whats the treatment of Companys Contribution to PM's Bihar relief fund?

Is it allowed as a deduction or disallowed like other Donations

Regards

Ramya
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Ravikumar.G

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Ravikumar.G (Expert)
11 December 2008 It is fully allowed least of the following:
Actual donation paid or
10% of adjusted gross total income
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CA Tilak Raj Sharma

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CA Tilak Raj Sharma (Expert)
11 December 2008 Covered by section 80G and exemption is least of the below:

1. Actual amount donated
2. 10% of adjusted gross total income
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