How much % deduction u/s 80g will get??

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

09 December 2013 Dear Expert,

my yearly salary is around 16 lacs p.a. no other income except salary,
i had made donation of rs. 3.50 lacs to education trust and they gave me 80G certificate( 50% tax benefit).

now please tell me how much deduction i will get under income tax.?

is there any concept of like ceiling limit and without ceiling limit while calculating deduction amount ???

pls reply expert.

Ganeshbabu K

Ganeshbabu K (Expert)
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09 December 2013 Yes, there is a procedure to caluculate exemption under section 80G
.
.
kindly refer to below article and do caluculate
.
.
http://www.charteredclub.com/section-80g/

Ganeshbabu K

Ganeshbabu K (Expert)
Follow

09 December 2013 Yes, there is a procedure to caluculate exemption under section 80G
.
.
kindly refer to below article and do caluculate
.
.
http://www.charteredclub.com/section-80g/

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Querist : Anonymous

Querist : Anonymous (Querist)

09 December 2013 Thank you very much sir for your quick reply.