Donation u/s 35 ac

This query is : Resolved

Pratik Patel (Querist)
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27 November 2012 I HAVE GOT DEMAND U/S 143(1) REGARDING I T RETURN OF A Y 2011-12.IN WHICH I HAVE
CONSIDERED DONATION U/S 80GGA BUT ACTUALLY IT COMES UNDER THE U/S 35 AC SO HOW SHALL I RECTIFY THIS RETURN? PLEASE GUIDE ME?

CA CKP

CA CKP (Expert)
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27 November 2012 U can file revised return and file an appeal with proper presentation against order u/s 143

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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27 November 2012 Deduction u/s 35AC is available only from business income.

Assessees who DO NOT have business income can claim deduction u/s 80GGA. It is fully allowed.

If you have income from business, then you should revise the return and claim deduction u/s 35AC.

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