Section 80 G donation to trust Rs. 11000/-
This query is : Resolved
01 May 2008
I donated a sum of Rs.11000/- to trust registerd for puropse of Sec 80G deduction.Please tell me abt calculation of 80G deduction.I have income from PGBP and STCG u/s 111A taxable @ 10% for AY 2008-09.
Sandeep
Sandeep
01 May 2008
what is PGBP
Chapter VIA is not avaailable on short term capital gain u/s 111A
Chapter VIA is not avaailable on short term capital gain u/s 111A
02 May 2008
Sir PGBP means income U/H business and profession .Sec 80 G allowed from business or profssn income or not ? how it is calculated total income is Rs.170000/-.Pls r€ply m€.
29 May 2008
If your PGBP is Rs170000/- then 50%of Rs 11000/- i.e. 5500/- will be deductable u/s 80G. Chapter VI-A is not available on STCG. and 80-G is limited to 10% of your Total Taxable income(Before Sec 80-Gand STCG)
Regards,
sandeep Aggarwal
Regards,
sandeep Aggarwal
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Disallowance of Section 43B(h) to sez units
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
