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Donation by companies

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(Querist)
27 September 2014 Dear All, Where to show the donation paid by companies in schedule VI format ? Can it be taken as an expense or compulsorily need to show under 80G ?
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Nikhil Kaushik online

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Nikhil Kaushik online (Expert)
27 September 2014 you are confusing between Schedule VI format and income tax act.

It will be shown in profit & loss account while making account under companies act.

In the income-tax return, it will be shown under 80G

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