Donation to be claim as revenue expenditure

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shakil shaikh (Querist)
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07 January 2016 Hello Sir,
Please suggest for the situation..

Can we claim donation given to charitable trust registered U/S 12A as revenue expenditure???

We are categories into AOP...

Ankur Singhal

Ankur Singhal (Expert)
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07 January 2016 Dear Shakil
You cannot claim the donation as revenue expenditure but you can claim it as deduction from the gross taxable income u/s 80G

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shakil shaikh

shakil shaikh (Querist)
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07 January 2016 But sir trust doesn't have 80G registration..
then what option we have???

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Ankur Singhal

Ankur Singhal (Expert)
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07 January 2016 Dear
Otherwise you can not claim the deduction on donation under income tax act.

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praveen

praveen (Expert)
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07 January 2016 You have to treat it like revenue expenditure. But it will get disallowed under the income tax act. If they have a 80G certificate then you can claim 80G deduction while computing the income tax.

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