30 October 2012
It is not exactly the percentage., it depends upon the following parameters: 1.The amount of donation. 2.Your Gross total Income 3.The entity to whom u have donated
based on the above it may be either 50 or 100% subject to max 10% or Gross total Income
30 October 2012
http://law.incometaxindia.gov.in/DIT/File_opener.aspx?page=ITAC&schT=&csId=3bdcee6a-0471-49b2-b1e3-cbd377499a34&rdb=sec&yr=a56ea192-3ca8-433a-a515-ed68a062eac7&sec=80g&sch=&title=Taxmann%20-%20Direct%20Tax%20Laws
CAclubindia
