15 August 2013
Donation made by the assessee are not allowed to be deducted from the profit & loss account hence are disallowed (added back to profit) while computing profit from business & profession and if donations are eligible these taken accordingly while computing Total Income.
Only Donation made by the assessee to political party are shown as per Point 17 of 3CD report.
Except mentioned above no seperate discloure is required by 3cd report